CAMP DAVID // George W Bush is to announce that the United States will host a summit of world leaders on the global financial crisis, a senior US administration official said.
"President Bush will announce that he will host a summit of world leaders in the near future to discuss the global response to the financial crisis, ideas to prevent such a crisis from recurring in the future in a way that preserves our free market system," the official said on condition of anonymity.
"The president wants participation and ideas from both developed and developing nations in these discussions," the official said.
Mr Bush will meet the French president, Nicolas Sarkozy, and European Commission president, José Manuel Barroso, later today at the Camp David presidential retreat in Maryland, about the financial crisis that sent tremors through world economies.
A credit crisis that swept around the globe has pummeled markets, leaving many countries searching for ways to cushion the shock to financial systems.
Mr Sarkozy has called for an overhaul of the current international financial architecture established just after World War II at the 1944 Bretton Woods conference.
Mr Bush has not made any public comments about that proposal and White House aides say the focus at the Camp David meeting will be addressing the immediate crisis.
"Many leaders and economies have ideas to improve the global financial system," the White House spokesman Tony Fratto said.
"We should be listening to all good ideas. I'm certain leaders in Europe aren't recommending that we simply impose a structure on the rest of the world without the input from other economies," he said.
Mr Sarkozy, whose country holds the rotating European Union presidency, said he would like to see a Group of Eight leading nations summit next month in New York.
The White House said a date and venue for the global leaders meeting, expected by year end, would not be set at the three-hour meeting.
The US Treasury Secretary, Henry Paulson, and the US Secretary of State, Condoleezza Rice, accompanied Mr Bush to Camp David.
The White House said no new policy announcements were expected.
*Reuters
THE SPECS
Touareg Highline
Engine: 3.0-litre, V6
Transmission: 8-speed automatic
Power: 340hp
Torque: 450Nm
Price: Dh239,312
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
THE DETAILS
Solo: A Star Wars Story
Dir: Ron Howard
Starring: Alden Ehrenreich, Emilia Clarke, Woody Harrelson
3/5
Liverpool’s fixtures until end of 2019
Saturday, November 30, Brighton (h)
Wednesday, December 4, Everton (h)
Saturday, December 7, Bournemouth (a)
Tuesday, December 10, Salzburg (a) CL
Saturday, December 14, Watford (h)
Tuesday, December 17, Aston Villa (a) League Cup
Wednesday, December 18, Club World Cup in Qatar
Saturday, December 21, Club World Cup in Qatar
Thursday, December 26, Leicester (a)
Sunday, December 29, Wolves (h)
'Worse than a prison sentence'
Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.
“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.
“They were living in perpetual mystery as to how their futures would pan out, and what that would be.
“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.
“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.
“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”
UAE tour of the Netherlands
UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures:
Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match
