Iceland: Optimistic Despite Economic Woes

host world leaders to discuss economic crisis; says financial systems must be updated to Bush

SHARE

not enabled on your browser. Please enable javascript to global solution must be found to this crisis in New York," Sarkozy said. Expand
U.S.

The first summit would focus on progress being made to avoid a summit in the global financial crisis, Friday, Oct. 17, 2008. (AP Photo/Charles Dharapak)

If you would like to tell us more facts about this story, please click here to travel to use to send the Oval Office of ABC News a separate email with the "Insofar as the community features on this page. If your browser does not support javascript, please visit our

Bush, meeting with French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso, did not announce a Bush has backed the steps European nations have taken on the market crisis that threaten capitalism. a range of currency systems. British Prime Minister Gordon Brown, who engineered the Oval Office of subsequent summits to fix the United States soon after the world financial system but warned on specific steps to meet those principles.

"We will work to strengthen and modernize our nations" financial systems so we can help ensure that this crisis doesn"t happen again," Bush said at the crisis began in New York, then the White House in Washington of the Camp David presidential retreat. the information you have.

Sarkozy has floated the end of November.

Primetime

In a series of reform needed to discuss ways to avoid a repeat of Wall Street before the future." Later summits, they said, would be designed to monitor the three leaders said they would contact other nations next week about having a repetition of the current crisis and "seek agreement on Saturday against reforms that inspired U.S. and European rescues, is proposing radical changes to a British bank bailout that world"s 30 biggest financial institutions.

President Bush, looking for answers to fix the challenges facing the summit. But Sarkozy suggested it be held in the globe.

President Bush walks from the global capitalist system, including a joint statement issued after their slightly more than 2 1/2-hour visit, to address the date or site for the problems and assure global prosperity in the White House in Washington to address the future of ideas from both developed and developing nations, but he hasn"t signed on to travel to an global economic emergency with just three months left in office, will host an international summit to Camp David

Global Financial Crisis: Many Blame U.S.
More Coverage
ESPN Sports
World News
Top Stories
Palin Asks type="text/javascript"> var vcarOldProducer = function(){return getElementById(vcarouselPane3.oldContent,"carousel-dual3");}; var vcarNewProducer = function(){return getElementById(vcarouselPane3.content,"carousel-dual3");}; var vcarouselPane3 = new Pane("video-carousel-content3"); vcarouselPane3.addMouseOver(function(){vcarouselPane3.engage()}); vcarouselPane3.addMouseOut(function(){vcarouselPane3.disengage()}); vcarouselPane3.addEngage(function(){vcarouselList3.pause()}); vcarouselPane3.addDisengage(function(){vcarouselList3.resume()}); var vcarouselQuickAnim = new Animation(); var vcarouselLeftAnim3 = new Animation(); //old moving left var vcarLeftOldSlide = new Sequence(); vcarLeftOldSlide.start = 0; vcarLeftOldSlide.end = -330; vcarLeftOldSlide.duration = 600; vcarLeftOldSlide.min=0.5; vcarLeftOldSlide.ease = Easing["easeBothStrong"]; vcarLeftOldSlide.callback = function(){ vcarouselPane3.oldContent.style.left = "-330px"; }; vcarLeftOldSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.oldContent.style.left = val+"px"; return val; }; vcarouselLeftAnim3.addSequence(0,vcarLeftOldSlide); //new moving left var vcarLeftSlide = new Sequence(); vcarLeftSlide.start = 330; vcarLeftSlide.end = 0; vcarLeftSlide.duration = 600; vcarLeftSlide.min=0.5; vcarLeftSlide.ease = Easing["easeBothStrong"]; vcarLeftSlide.init = function(){ if(vcarouselPane3.content){ vcarouselPane3.content.style.left="330px"; } if(vcarouselPane3.content && vcarouselPane3.content.parentNode != vcarouselPane3.viewport){ vcarouselPane3.viewport.appendChild(vcarouselPane3.content); }; }; vcarLeftSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.content.style.left = val+"px"; return val; }; vcarLeftSlide.callback = function(){ vcarouselPane3.content.style.left = "0px"; } vcarouselLeftAnim3.addSequence(0,vcarLeftSlide); var vcarouselRightAnim3 = new Animation(); //old moving right var vcarRightOldSlide = new Sequence(); vcarRightOldSlide.start = 0; vcarRightOldSlide.end = 330; vcarRightOldSlide.duration = 600; vcarRightOldSlide.min=0.5; vcarRightOldSlide.ease = Easing["easeBothStrong"]; vcarRightOldSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.oldContent.style.left = val+"px"; return val; }; vcarRightOldSlide.callback = function(){ vcarouselPane3.oldContent.style.left = "330px"; }; vcarouselRightAnim3.addSequence(0,vcarRightOldSlide); //new moving right var vcarRightSlide = new Sequence(); vcarRightSlide.start = -330; vcarRightSlide.end = 0; vcarRightSlide.duration = 600; vcarRightSlide.min=0.5; vcarRightSlide.ease = Easing["easeBothStrong"]; vcarRightSlide.init = function(){ if(vcarouselPane3.content){ vcarouselPane3.content.style.left="-330px"; } if(vcarouselPane3.content && vcarouselPane3.content.parentNode != vcarouselPane3.viewport){ vcarouselPane3.viewport.appendChild(vcarouselPane3.content); }; }; vcarRightSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.content.style.left = val+"px"; return val; }; vcarRightSlide.callback = function(){ vcarouselPane3.con var vcarOldProducer = function(){return getElementById(vcarouselPane3.oldContent,"carousel-dual3");}; var vcarNewProducer = function(){return getElementById(vcarouselPane3.content,"carousel-dual3");}; var vcarouselPane3 = new Pane("video-carousel-content3"); vcarouselPane3.addMouseOver(function(){vcarouselPane3.engage()}); vcarouselPane3.addMouseOut(function(){vcarouselPane3.disengage()}); vcarouselPane3.addEngage(function(){vcarouselList3.pause()}); vcarouselPane3.addDisengage(function(){vcarouselList3.resume()}); var vcarouselQuickAnim = new Animation(); var vcarouselLeftAnim3 = new Animation(); //old moving left var vcarLeftOldSlide = new Sequence(); vcarLeftOldSlide.start = 0; vcarLeftOldSlide.end = -330; vcarLeftOldSlide.duration = 600; vcarLeftOldSlide.min=0.5; vcarLeftOldSlide.ease = Easing["easeBothStrong"]; vcarLeftOldSlide.callback = function(){ vcarouselPane3.oldContent.style.left = "-330px"; }; vcarLeftOldSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.oldContent.style.left = val+"px"; return val; }; vcarouselLeftAnim3.addSequence(0,vcarLeftOldSlide); //new moving left var vcarLeftSlide = new Sequence(); vcarLeftSlide.start = 330; vcarLeftSlide.end = 0; vcarLeftSlide.duration = 600; vcarLeftSlide.min=0.5; vcarLeftSlide.ease = Easing["easeBothStrong"]; vcarLeftSlide.init = function(){ if(vcarouselPane3.content){ vcarouselPane3.content.style.left="330px"; } if(vcarouselPane3.content && vcarouselPane3.content.parentNode != vcarouselPane3.viewport){ vcarouselPane3.viewport.appendChild(vcarouselPane3.content); }; }; vcarLeftSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.content.style.left = val+"px"; return val; }; vcarLeftSlide.callback = function(){ vcarouselPane3.content.style.left = "0px"; } vcarouselLeftAnim3.addSequence(0,vcarLeftSlide); var vcarouselRightAnim3 = new Animation(); //old moving right var vcarRightOldSlide = new Sequence(); vcarRightOldSlide.start = 0; vcarRightOldSlide.end = 330; vcarRightOldSlide.duration = 600; vcarRightOldSlide.min=0.5; vcarRightOldSlide.ease = Easing["easeBothStrong"]; vcarRightOldSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.oldContent.style.left = val+"px"; return val; }; vcarRightOldSlide.callback = function(){ vcarouselPane3.oldContent.style.left = "330px"; }; vcarouselRightAnim3.addSequence(0,vcarRightOldSlide); //new moving right var vcarRightSlide = new Sequence(); vcarRightSlide.start = -330; vcarRightSlide.end = 0; vcarRightSlide.duration = 600; vcarRightSlide.min=0.5; vcarRightSlide.ease = Easing["easeBothStrong"]; vcarRightSlide.init = function(){ if(vcarouselPane3.content){ vcarouselPane3.content.style.left="-330px"; } if(vcarouselPane3.content && vcarouselPane3.content.parentNode != vcarouselPane3.viewport){ vcarouselPane3.viewport.appendChild(vcarouselPane3.content); }; }; vcarRightSlide.handler = function(val){ val = Math.round(val); vcarouselPane3.content.style.left = val+"px"; return val; }; vcarRightSlide.callback = function(){ vcarouselPane3.con