Saturday, November 8, 2008

Obama chats with 9 global leaders on financial crisis




INCOMING US president Barack Obama discussed the financial crisis and other problems with top world leaders ahead of his first public comments Friday (early Saturday morning Brunei Time) since his election triumph.

After making the first key appointment to his administration, Obama spoke by telephone with the leaders of Australia, Britain, Canada, France, Germany, Israel, Japan, Mexico and South Korea, hastening the shift in political gravity away from President George W Bush.

The financial crisis, the Afghanistan war, climate change and the North Korean and Iranian nuclear crises dominated the talks, according to accounts from the various capitals.

Obama and South Korean President Lee Myung-Bak agreed to work together to tackle North Korea's nuclear disarmament and the financial turmoil, said Lee's spokesman in Seoul.

Australian Prime Minister Kevin Rudd said that he and Obama discussed "our resolve to act together on dealing on the global financial crisis and also working closely together on the great challenge of climate change".

Obama and German Chancellor Angela Merkel agreed to work "closely" on Iran's disputed nuclear programme, Afghanistan, climate change and the financial crisis, her government said.

Reforming the financial system also featured strongly in Obama's talks with President Nicolas Sarkozy of France, Prime Minister Gordon Brown of Britain and a 10-minute telephone conversation with Japanese Prime Minister Taro Aso, their spokesmen said.

Aso also raised Afghanistan, climate change and North Korea, the Japanese foreign ministry said.

Mexican President Felipe Calderon and the US president-elect discussed immigration and drug smuggling on the restive southern border, the Mexican foreign ministry.

Most of the world leaders will attend the emergency summit on the economic crisis in Washington on November 15, but Obama has not yet announced whether he will take a role in the event.

Even some of the US's traditional arch foes have welcomed Obama's election such as Iranian President Mahmoud Ahmadinejad who issued a message of congratulation on Thursday. Zimbabwean President Robert Mugabe, branded a dictator by Bush, also extended an olive branch to Obama yesterday saying he "cherish (ed) the hope of working with your administration". AFP

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