Sarkozy, Merkel, Blair call for new capitalism, page 1
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Topic started on 8-1-2009 @ 03:38 PM by questioningall

Sarkozy, Merkel, Blair call for new capitalism


news.yahoo.com
French President Nicolas Sarkozy, leading a two-day conference with former British Prime Minister Tony Blair on the future of capitalism, said the crisis has shown that no country can go it alone on economic policy.

"In the 21st century, there it is no longer a single nation who can say what we should do or what we should think," he said.

German Chancellor Angela Merkel said the system "cannot continue as it is" and called for better-regulated financial markets.

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