Brazil's Lula: Crisis Will Worsen if G20 Fails

Reuters Created: Mar 26, 2009 Last Updated: Mar 26, 2009
Print | E-mail to a friend | Give feedback
Related articles: World > South America

British Prime Minister Gordon Brown (R) and Brazilian President Luiz Inacio Lula da Silva talk before a meeting at the Alvorada Palace in Brasilia on March 26, 2009. (Evaristo SA/AFP/Getty Images)

Financial Crisis
BRASILIA—Brazil's President Luiz Inacio Lula da Silva said on Thursday that the global economic crisis will worsen if next month's G20 meeting in London fails to come up with concrete initiatives to bolster the world economy.

"If the G20 becomes a meeting just to set another meeting, we'll be discredited and the crisis can deepen," Lula said after meeting British Prime Minister Gordon Brown.

Brown is on the third stop of a tour through Europe, Latin America and the United States to seek support for a G20 meeting of leading economies that will discuss measures to tackle the global financial crisis.

 



 
Sudoku
Chinascope
Advertisement
Advertisement