Monday, October 13, 2008
Arroyo wants summit to tackle economy (1:13 p.m.)
MANILA – President Gloria Macapagal Arroyo is calling on Asian leaders meeting in Beijing next week to convene a special session to tackle the impact of the global economic crisis.
Arroyo said Monday she is asking developing and emerging economies to unite and come up with a coordinated approach to cushion the impact of the ongoing credit crunch.
Arroyo says leaders of the 10-member Association of Southeast Asian Nations and their partners from China, Japan and South Korea could meet on the sidelines of the Oct. 24-25 Asia-Europe Meeting in Beijing.
Arroyo is urging the world's industrialized nations to consider the interest of poorer countries in their plan to prevent a global economic meltdown. (AP) |
