You are here: Home» Economic Issues» World

US Official Calls for Global Solution to Economic Crisis

Adjust font size:

Global solutions are needed to get out of the current world economic crisis, a senior US official said on Thursday.

"Our economy is global, our crisis is global and our solutions must be global," said Valerie Jarrett, US President Barack Obama's assistant for intergovernmental relations, in a special address to the World Economic Forum annual meeting.

The United States cannot be alone in the effort to rebuild confidence in economy and the financial markets, Jarrett said.

She stressed that the Obama administration would be partners with the rest of the world "to establish a workable international framework that can help stabilize the global economy."

(Xinhua News Agency January 30, 2009)