A Japanese businessman looks back a digital stock indicator in Tokyo Monday, Oct. 6, 2008. Japanese stocks sank Monday to their lowest finish in nearly five years on growing worries about a global economic slump despite the passage of a U.S. financial bailout package. The benchmark Nikkei 225 index lost 465.05 points, or 4.25 percent, to close at 10,473.09 _ its lowest finish since February 2004. (AP Photo/Koji Sasahara)
World leaders will gather Nov. 15 in Washington for a summit to discuss the global economic crisis.
A senior administration official said Wednesday that the forum will be the first in a series of international meetings to discuss what economists predict could be a long and deep downturn.
President Bush, French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso issued a statement last weekend that said the first such summit would focus on progress being made to address the current crisis and reforms needed to avoid a repetition of the problems. The later summits will be designed to implement specific steps on the principles of reform.
The location of the summit has not been announced.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.