Rudd Declares War on Crisis; Nations Must Wage Global War against Unemployment

Sunshine Coast Daily (Maroochydore, Australia), November 15, 2008 | Go to article overview

Rudd Declares War on Crisis; Nations Must Wage Global War against Unemployment


AS world leaders gather in Washington this weekend, prime minister Kevin Rudd will be looking for G20 nations to support jobs and growth in their economies in an effort to stem the emerging global recession.

The prime minister touched down in the United States yesterday for the summit of leaders of the Group of 20 nations aimed at finding some solutions to the global financial crisis that has swiftly jumped from financial markets to the economy.

"The challenge all governments face now is to put together the building blocks for growth for the future," he said.

"Right now we see the data emerging about this global economic recession. Therefore governments must step into the breach here and now.

"In Australia we have taken early action."

Mr Rudd said nations needed to wage "global war" against unemployment.

"It's a challenge to all of us," he said.

Just an hour after arriving in the US capital, Mr Rudd and treasurer Wayne Swan met former US secretary of state Madeleine Albright, who president-elect Barack Obama has designated to meet G20 delegates this weekend. …

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