Financial Troubles Spread to Europe, Japan
241 views · Published 14 November 2008 · 2:20 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
As world leaders prepare for an emergency global summit, there's news that recession is hitting Europe. The upcoming summit of industrialized and developing nations will address the financial crisis and focus on possible solutions and cooperation. Ahead of the meeting, US President George Bush has defended the US capitalist system. VOA's Carolyn Presutti has our story.