Bush Administration Sees Progress After G-20 Meeting
The Bush administration says Saturday's G-20 meeting in Washington laid the foundation for a coordinated international effort to tackle the global financial crisis. VOA's Michael Bowman reports.
U.S. Commerce Secretary Carlos Gutierrez says the summit of leaders of industrialized and developing economies did not produce any immediate, concrete action to shore up the financial system. Rather, he said, the meeting promoted consensus on how to formulate Read the rest of this entry »