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**Xiciljed** · 03-03-2009, 12:01 PM

http://www.foxnews.com/politics/2009...orlds-economy/

British PM to Propose 'Global New Deal' to Rescue World's Economy

British Prime Minister Gordon Brown will propose a "global new deal" to rescue the world's economy when he makes his first visit to the U.S. since President Obama's inauguration, the Times of London reports.

FOXNews.com

Sunday, March 01, 2009
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British Prime Minister Gordon Brown hopes to forge a "global new deal" with President Obama to rescue the world's economy when he makes his first visit to the White House since Obama's inauguration.

The Times of London reports Brown, who arrives Tuesday, will reportedly introduce a plan requiring massive spending on a worldwide scale.

The prime minister is expected to invoke the words of President Franklin D. Roosevelt, who proposed the government-financed New Deal to confront the Great Depression in the 1930s, the paper reports.

"There is no international partnership in recent history that has served the world better than the special relationship between Britain and the United States," Brown writes in an opinion piece published Sunday in the Times of London.

Brown's 21st century deal calls for "universal action to prevent the crisis spreading" and "action to kick-start lending so that families and businesses can borrow again." It also requires "reform of international regulation to close regulatory gaps" and "the creation of an international early warning system."

Brown, who has hinted at increasing Britain's tax cuts to boost that nation's economy, is expected to present his proposal during a joint session of Congress on Wednesday.

03-03-2009, 12:01 PM	#1
Xiciljed Join Date Oct 2005 Posts 433 Senior Member	British PM wants Obama to save the World http://www.foxnews.com/politics/2009...orlds-economy/ British PM to Propose 'Global New Deal' to Rescue World's Economy British Prime Minister Gordon Brown will propose a "global new deal" to rescue the world's economy when he makes his first visit to the U.S. since President Obama's inauguration, the Times of London reports. FOXNews.com Sunday, March 01, 2009 0 x in order to recommend a story, you must login or register. ShareThis PEOPLE WHO READ THIS... Also read these stories: Report: Marine One Information Found on Computer in Iran [2009-03-01] report marine one security breached, report obama's marine one secrets leaked to iran, marine one security breach discovered, marine, report 3686 visitors also liked this. Obama Will Sign Spending Bill Despite Earmarks [2009-03-02] obama to sign porkfilled spending bill, obama, bill, obama's bitter pill, enter the earmarks 3759 visitors also liked this. Did Obama Throw Biden Under the Bus? [2009-02-10] did obama throw biden under the bus?, biden thrown under the bus?, biden, obama, politics 8852 visitors also liked this. Obama: Quit Listening to Rush Limbaugh if You Want to Get Things Done [2009-01-23] obama don't listen to limbaugh, obama quit listening to limbaugh, limbaugh, obama, listen 5368 visitors also liked this. Boxer Seeks to Ratify U.N. Treaty That May Erode U.S. Rights [2009-02-25] child rights or blow to parents?, u.n. telling u.s. how to raise kids?, child, u.s., boxer seeks to ratify u.n. treaty that may erode u.s. rights 4336 visitors also liked this. powered by Baynote British Prime Minister Gordon Brown hopes to forge a "global new deal" with President Obama to rescue the world's economy when he makes his first visit to the White House since Obama's inauguration. The Times of London reports Brown, who arrives Tuesday, will reportedly introduce a plan requiring massive spending on a worldwide scale. The prime minister is expected to invoke the words of President Franklin D. Roosevelt, who proposed the government-financed New Deal to confront the Great Depression in the 1930s, the paper reports. "There is no international partnership in recent history that has served the world better than the special relationship between Britain and the United States," Brown writes in an opinion piece published Sunday in the Times of London. Brown's 21st century deal calls for "universal action to prevent the crisis spreading" and "action to kick-start lending so that families and businesses can borrow again." It also requires "reform of international regulation to close regulatory gaps" and "the creation of an international early warning system." Brown, who has hinted at increasing Britain's tax cuts to boost that nation's economy, is expected to present his proposal during a joint session of Congress on Wednesday.
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