World leaders seek talks on financial crisis, multilateral reforms

AFP ^ | Don Emmert

[Gator_that_eats_Dems]

UNITED NATIONS (AFP) - World leaders demanded urgent steps to contain the global financial crisis and a sweeping reform of multilateral institutions, including the Security Council, during the UN General Assembly's annual debate.

A ministerial meeting of six major powers trying to scale down Iran's nuclear ambitions, scheduled for Thursday on the sidelines of the UN General Assembly, was meanwhile called off after Russia said it would not take part.

But on the first day Tuesday of the 192-member Assembly's debate, the world's financial meltdown took center stage, with UN chief Ban Ki-moon stressing the need to "restore order to the international financial markets."

In a farewell speech to the assembly, US President George W. Bush assured worried world leaders that his administration and the US Congress would approve an emergency 700-billion-dollar Wall Street bailout "in the urgent time frame required."

[ViLaLuz]

“World leaders demanded urgent steps to contain the global financial crisis and a sweeping reform of multilateral institutions”

These global elites set us up by creating this crisis, so now they can implement their “sweeping reform of multilateral institutions.” Are we going to let them roll us over, like they are trying to do with global warming and other created crises? This is simply another power grab.