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WASHINGTON – When President Bush hosts a world financial summit in the coming weeks, one of the least multilateral American presidents in decades will set in motion what could result in a full reordering of the global financial system.
Mr. Barroso was more succinct: "We need a new global financial order."
Sarkozy predicted that an international summit would take place before the end of the year because "Europe wants it, Europe demands it. Europe will get it."