Photo Credit: Doug Mills/The New York Times
As reported from The New York Times, Prime Minister Gordon Brown met with President Obama at the White House for the first time since Obama took office to discuss the troubled world economy. Both men agreed that a "global New Deal" that would set common principles for regulating banks could ultimately ease resistance to increased oversight across borders.
During the meeting, Brown and Obama attempted to lay down the groundwork for a meeting with the Group of 20, the nations in the world with the 20 largest economies in an attempt to discuss ways to combat this world recession.
Although getting the majority of those 20 countries to give billions of dollars to the World Bank and International Monetary Fund, it seems clear that something needs to be done in order to find a way out of this rut.
In addition, the two men discussed the ongoing peace between the United States and Britain, ensuring that the bond between these two countries would continue.
Obama has really shown his eagerness to uphold peace between countries. Obama made it clear in his campaign that he seeks peace with countries like Iran, and I believe that a man with his character can ultimately negotiate peace even between the most hostile of countries. This is a new era filled with new opportunities to expand global peace, and I believe that President Obama will use his position to move the U.S. in the right direction.
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