This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk_politics/7699990.stm
The article has changed 6 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Brown and Merkel in economy talks | Brown and Merkel in economy talks |
| (30 minutes later) | |
| Prime Minister Gordon Brown is meeting German Chancellor Angela Merkel to discuss ways of handling the effects of the economic downturn. | Prime Minister Gordon Brown is meeting German Chancellor Angela Merkel to discuss ways of handling the effects of the economic downturn. |
| They are expected to discuss Europe-wide action to prevent a substantial worsening of the situation. | They are expected to discuss Europe-wide action to prevent a substantial worsening of the situation. |
| The leaders are due to give a Downing Street press conference soon. | |
| The talks come as the value of shares on the two countries' stock exchanges are rising, while the euro and pound have made gains against the dollar. | The talks come as the value of shares on the two countries' stock exchanges are rising, while the euro and pound have made gains against the dollar. |
| 'Contagion' | 'Contagion' |
| Earlier Ms Merkel held a meeting with the Queen at Buckingham Palace. | Earlier Ms Merkel held a meeting with the Queen at Buckingham Palace. |
| Mr Brown held economic talks with French President Nicoal Sarkozy in Paris on Tuesday. | Mr Brown held economic talks with French President Nicoal Sarkozy in Paris on Tuesday. |
| Afterwards he said the first priority was "to stop the contagion to other countries, including in eastern Europe" where there were "problems emerging". | Afterwards he said the first priority was "to stop the contagion to other countries, including in eastern Europe" where there were "problems emerging". |
| He said the International Monetary Fund would have to create a new fund to help struggling nations. | He said the International Monetary Fund would have to create a new fund to help struggling nations. |
| Earlier this week the Bank of England said the world's financial firms had lost £1.8 trillion ($2.8 trillion) as a result of the continuing credit crisis. | Earlier this week the Bank of England said the world's financial firms had lost £1.8 trillion ($2.8 trillion) as a result of the continuing credit crisis. |
| Mr Brown is due to attend a summit of world leaders in Washington on 15 November to decide how countries work together to tackle the problem. | Mr Brown is due to attend a summit of world leaders in Washington on 15 November to decide how countries work together to tackle the problem. |