Britain Calls for Global Finance Summit

By: Associated Press Email
By: Associated Press Email

Brussels, Belgium (AP) 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 European Union, 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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