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(visit the link for the full news article)
President Barack Obama has said the US-UK "special relationship" will "only get stronger", after holding talks with prime minister Gordon Brown.
It was "not just important to me; it's important to the American people", he told reporters...
The talks focused on the economy, as Mr Brown became the first European leader to meet the new president...
...talks... were dominated by the economy... both men agreeing that improvements were needed to the regulation of the global banking system...
The launch of a new relationship with Washington is the best hope for something solid out of this weekend's gathering of G7 financial leaders in Rome, with officials signalling little significant is likely to emerge on actual policy.
The Group of Seven meeting on Feb. 13-14 has been largely overshadowed by the broader Group of Twenty (LSE: TWE.L - news) advanced and emerging nations which have the specific remit to tackle the global financial crisis and prevent a repetition.
With regulation and financial reform proposals in the hands of the Financial Stability Forum and the G20, the Rome meeting of finance ministers and central bankers is likely to focus on economic prospects and the dangers of state protectionism.
Originally posted by pause4thought
After this morning's news that Gordon Brown was putting a global solution to the financial crisis at the top of his agenda we now have clear confirmation that Barak Obama is on board!
How many people realize the enormity of what is as stake here? This is at the very least a new Bretton-Woods, if not groundwork/preparation for a global currency - or its forebear.
(Check out the related threads for evidence this angle is not mere speculation.)
news.bbc.co.uk
(visit the link for the full news article)
So now we're gonna use DVDs as global currency, right?
Obama - tries to slack off on an official allied visit and ends up reinventing the monetary system.