International

Sarkozy to call for financial overhaul at summit with Bush

WASHINGTON, Oct 18 (AFP)- US President George W. Bush will meet his French counterpart today for talks on how to avert future financial meltdowns and whether to overhaul global economic rules, as the worldwide fiscal crisis grows.

Nicolas Sarkozy heads to the president's Camp David retreat along with European Commission chief Jose Manuel Barroso and armed with a mandate from his EU colleagues to push for a top-to-bottom revamp of the world's financial system.

But the White House has preemptively declared that the talks will yield no new policy proposals, nor a date or location for a world leaders summit that the French leader hopes will generate sweeping reforms.

 
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