PresidentBushstoodwithhistwoEuropeanvisitorsandsaidheanticipateshostingameetingatwhichworldleaderswillworktosolvethefinancialproblems."Ilookforwardtohostingthismeetinginthenearfuture,"hesaid."Bothdevelopedanddevelopingnationswillberepresented.Andtogetherwewillworktostrengthenandmodernizeournations'financialsystems,sowecanhelpensurethatthiscrisisdoesnothappenagain."ThepresidentwasmeetingwithMr.SarkozyandMr.BarrosoatCampDavidSaturdaytolookforsolutionstotheglobalfinancialcrisis.EuropeanleadershadbeentryingtopersuadeMr.Bushtoholdglobaltalksbytheendoftheyear.Mr.Sarkozy,speakingthroughatranslator,calledforaswiftinternationalresponsetothecrisis,startinginNewYork."Thismustbedoneforthwith,asPresidentBushhassaid,possiblyevenbeforetheendofthemonthofNovember,"hesaid."AndwebelievethatinsofarasthecrisisbeganinNewYork,thentheglobalsolutiontothiscrisismustbefoundinNewYork,allofusputtingourheadstogether."UnitedNationsSecretary-GeneralBanKi-MoonofferedSaturdaytohostthemeetingatU.N.headquartersinNewYorkinearlyDecember.Mr.Bushdidnotannounceatimeorplaceforthesummit.Mr.BarrosoagreedwiththepresidentsofthetwonationsthattheU.S.andEuropeshouldtaketheleadinseekingeconomicsolutions,butthatothernationsshouldbeinvolvedaswell."Around77percentofworldwholesalefinanceisfromtheUnitedStatesandfromEurope,"hesaid."TheEuropeansandAmericansmustnowjoineffortsandextendourcooperationtomajordevelopingandemergingeconomies.Wemustactswiftlytorespondtotheurgency.Butwemustalsolookforwardatthemediumandlongterm."BothEuropeanleaderswantwidespreadreformsintheworld'sfinancialsystem,butU.S.officialssaidtheydidnotexpectanybreakthroughsonthatatCampDavid.Meanwhile,someeconomistssaytheyseesignsthatthefrozencreditmarkets,whichareattheheartofthecrisis,arebeginningtoimprove.
