U.S., EU Agree on Global Financial Reform

President Bush says he has found "common ground" with European leaders as he prepares to host a G-20 summit in Washington this Saturday

As he prepares to host a G20 meeting on Saturday, outgoing US President George W. Bush has said he has found "common ground" with European leaders on how to address the financial crisis. However, the specifics of global reform of financial regulation are unlikely to be agreed before president-elect Barack Obama takes office.

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