Bush Will Host Meeting Of World Leaders To Address Crisis
On No
vember 15th US President George Bush will host a gathering of world leaders to address the current global financial crisis. There has been resentment in some quarters with many blaming the US for the financial meltdown. The crisis started in the US with the sub prime mortgage crisis and quickly spread to the whole US economy and ultimately resulted in a $700 billion dollar bailout of financial institutions. Credit markets froze and interbank lending ceased and businesses found themselves unable to obtain loans for day to day operations. Despite the performance of world stock markets, investors large and small have been able to take advantage of the many Forex opportunities offered by currency exchanges.
