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Obama Not Likely to Attend Global Financial Summit
    2008-11-08 03:43:31     Xinhua
U.S. President-elect Barack Obama is not likely to attend the global financial summit set on Nov. 15 in Washington D.C., said the White House on Friday.

"We are in communication and coordination with them. I don't know whether someone will actually be in the building. I don't expect in the room," said White House spokesman Tony Fratto of Obama's economic advisors.

Leaders from 20 developed and developing countries are expected to present at the upcoming meeting, discussing about cooperative solutions to the current economic meltdown and preventive measures on future crisis.

The G20 includes Britain, Canada, France, Italy, Japan, Germany, the United States, Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey and the European Union.

Those who will also attend the meeting are from France, the representative of European Union, the International Monetary Fund and the World Bank.

Fratto said, however, the White House would keep close cooperation with the president-elect's economic advisers on how to respond to the financial crisis.

"We look forward to hearing their views on how to deal with these issues which are going to go on for some time," he said.

Obama, who won the presidential elections on Tuesday, has received calls from leaders of at least 10 countries so far.

He was also meeting his economic advisors on Friday, getting ready to hand the priority after he takes office in the White House on Jan. 20.
 
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