Britain calls for global finance summit

The Associated Press ,  Brussels   |  Wed, 10/15/2008 7:05 PM  |  World

British Prime Minister Gordon Brown is calling for global talks this year to reform the world's financial system.

He says a global summit could be held in the next few months despite lack of agreement among international leaders that they need to hold a summit on the financial crisis

Brown said earlier Wednesday that the EU, the United States and others should reform the International Monetary Fund and create better international rules governing financial markets.

The British premier has long called for the Washington-based IMF to monitor global markets to prevent crises.
 

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