Latest update: 23/10/2008 
- financial crisis - White House

Bush to host global financial summit on Nov. 15
The White House has announced that a summit on the global financial crisis will be held on November 15 near Washington. It will gather leaders of the G20 countries.

   
A summit on the global financial crisis will be held on November 15 in Washington and will gather leaders of the G20 countries to draw up an action plan, the White House said on Wednesday.
   
"The president today is going to invite the leaders of a group of 20 countries ... to a summit in Washington DC," on November 15 "to discuss the financial markets and the global economy," White House spokeswoman Dana Perino told reporters.
   
"The leaders will review progress being made to address the current financial crisis, advance a common understanding of its causes and in order to avoid a repetition, agree on a common set of principles for reform of the regulatory and institutional regimes for the world's financial sectors," she said.
   
The heads of state will "charge working groups to develop recommendations to be considered by leaders in a subsequent summit," she said.
   

Comments (5)

i dont know

I dont know if these are going to be the end times as described in the bible but I do know that many things are adding up. things in the past have also looked similar and have been nothing. but if you look even closer and look at the Jewish calender which uses both the solar and lunar events for dates the "15th of November" is biblicaly the same dates other judgments have been cast on the earth. such as the flood and others.
don't listen to me but do the research and actually look at it with the reality.

G20 Summit

At this summit and due to the recent feckless dollar performance, my guess is that China and Russia will insist on the de-emphasis of the trade dollar as a world trade currency. It is also likely that both these countries will also - like it or not - increasingly decouple from the dollar and diversify into more stable currencies. With China currently holding $1.9 trillion and Russia holding $500 billion in dollar reserves - Who can blame them ? And what will happen in the US when all those dollars come home to America ? Rampant hyperinflation and bankruptcy are very likely.

I would love to be a fly on the wall at this summit...

What's the problem??

What's the matter people, cant u all see that all this financial crisis is just paving the way for the mark of the beast, watch what the Vatican is going to do the next few months......

Credit Default Swaps (CDFs) on the agenda?

Will the $62 trillion black hole caused by the looming tsunami of Credit Default Swaps (CDSs) be on the agenda? Or will this topic follow the medias lead & just be ignored?

World Financial Summit

Sounds a bit like the events prophecied in the Book of Revelation in the Bible - after this meeting and subsequent global agreements following it, there will soon be one world government.....! Time would appear to be running out......guess we'd better get repenting to our heavenly Father and ask Jesus into our lives 'cos He's the only one who can sort this Global catastrophe out.....and He's returning soon!

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