Thursday, 19 February 2009

Brown Bargain

“From the discussions I have had and am about to have... I think we are fashioning for the future a global deal, a grand bargain, where each continent accepts its responsibilities and its obligations to act to deal with what is a global problem that can only be solved with a global solution,” he told reporters.

The Prime Minister was speaking at his regular Downing Street press conference shortly after talks with Dominique Strauss-Kahn, the International Monetary Fund managing director, and Robert Zoellick, the World Bank president. He will meet European leaders in the coming days.

Mr Brown, who published a document setting out the Government’s blueprint for the “Road To The London Summit”, said: “America has just announced the biggest fiscal and monetary stimulus in the history of its country.

“Every part of the world must be part of the stimulus to the economy, giving support into the economy with investment, getting interest rates down as much as possible, and I believe one of the features of our discussions at the G20 summit on April 2 is how all countries can come together to do that. More

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