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Prime Minister meets with US President to discuss global financial crisis

Monday, March 30 2009

Prime Minister Kevin Rudd in talks with President Obama
Photo courtesy of Brotherhood of St Laurence

In the lead up to the G-20 Summit in London on 2 April, the Australian Prime Minister Kevin Rudd met with American President Barack Obama in Washington DC to discuss the global financial crisis and the impact on local and international economies.

President Obama highlighted the importance for relatively wealthy nations such as Australia and the US to take a leadership role in stopping the continued downward spiral from having an even more devastating impact in emerging markets.

The Prime Minister said he was looking forward to working with President Obama in London on concrete and common actions to help stimulate global economies, on the future of the IMF, and working on what can be done to better regulate the global financial system into the future.

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