It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
US President George W Bush has called for co-ordinated action by leading industrialised countries to tackle the worldwide credit crunch.
...The International Monetary Fund has also called for joint action estimating financial losses at $1.4 trillion.
Mr Bush said finance ministers from G7 nations would meet in Washington at the weekend to discuss the crisis.
Mr Bush said the rescue plan would free up credit for businesses and families but that it would take some time to work.