Bush to Host Economic Summit

World meeting to be held 'in the near future'
By Kevin Spak,  Newser Staff
Posted Oct 18, 2008 2:18 PM CDT
President Bush shakes hands with diplomats after speaking about the the Visa Waiver Program in the Rose Garden of the White House in Washington, Friday, Oct. 17, 2008.   (AP Photo/Charles Dharapak)
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(Newser) – President Bush will soon announce his plan to host a global summit on the financial crisis, MSNBC reports, to be held in the near future. “The president wants participation and ideas from both developed and developing nations,” one official said on condition of anonymity. Bush will meet with Nicolas Sarkozy and European Commission President Jose Manuel Barroso today at Camp David.