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White House: Location, Date of Global Financial Talks Unknown
Published in Saudi Press Agency on 16 - 10 - 2008

The White House on Thursday said it does not yet know when and where talks would be held between world leaders on the financial crisis.
White House press secretary Dana Perino said that she is still unsure where the emergency talks on the global economic crisis would take place even after French President Nicholas Sarkozy called for them to be in New York in November.
“We don't know exactly when it will be and we don't know where it would be held. We will have to see,” Perino said, adding she also does not know if U.S. Presidential nominees Democrat Barack Obama and Republican John McCain would attend. “It's too soon to say and if there would be any involvement at all,” she said.
Perino also downplayed the chance of any decisions being made when U.S. President George W. Bush is set to host Sarkozy, whose country holds the rotating European Union presidency, and European Commission chief Jose Manuel Barroso at a Camp David retreat.
“I wouldn't expect a lot out of it. I don't expect any new policy announcements. I don't expect dates for meetings to be announced I think that it will just be a chance for them to continue the discussions that they've been having since the beginning” of the crisis, she said.
Bush is set to make remarks on Friday, ahead of the opening of U.S. financial markets, on government action to confront the global financial meltdown in a bid to ease jitters that have weighed down stocks, she said.
“That's always one of the president's goals, to reassure the American people, try to return confidence and strength to the markets, and to let people know that we're not going to let the system fail. I just don't know when we're going to actually reach the bottom of these problems. But we're going to have to keep communicating while we work through it,” Perino said.


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