Stakes higher than ever, says Brown
Tuesday 14 October 2008
Gordon Brown warned fellow world leaders today that the stakes were "higher than ever before" as he called for agreement on reforms of the global financial system.
Ahead of a meeting of EU leaders in Brussels, the Prime Minister said co-ordinated action to improve liquidity was not enough for long-term stability.
Now governments around the world had to deliver reforms to restore confidence to the financial markets.
Speaking to the Foreign Press Association in London, Mr Brown said: "We need to show that we have dealt with the difficulties' cause in the first place, that we are making the reforms that are necessary so that the global financial system will work."
He added: "I believe the stakes are higher than ever before and the coming days will be crucial for the international community."
The premier dismissed the suggestion of one foreign reporter that he was now "flash Gordon" thanks to his response to the crisis.
"Just Gordon, just Gordon, I can assure you," he replied.
Asked about his more favourable coverage in the media recently, he said: "I think you should look at what they were saying about me four weeks ago."
At another point in the briefing, he added: "Politics, I have found, is about ups and downs, and you have got to treat adversity and periods of popularity with equal equanimity."
- 1 Caitlyn Jenner car crash: Driver who died in collision sued by surviving passengers for $18.5m
- 3 Watch the Supermoon live: How to see the brightest Moon of the year tonight
- 4 Hulk Hogan wants to be Donald Trump's running mate in the US Presidential election
Caitlyn Jenner car crash: Driver who died in collision sued by surviving passengers for $18.5m
Celebrity Big Brother 2015: Tila Tequila kicked off show after 'describing Hitler as a good man'
Watch the Supermoon live: How to see the brightest Moon of the year tonight
Hulk Hogan wants to be Donald Trump's running mate in the US Presidential election
Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
Stock up on canned food for stock market crash, warns former Gordon Brown adviser
Labour leadership: Jeremy Corbyn voters most likely to believe 'world is controlled by a secretive elite'
£18000 - £30000 per annum: Recruitment Genius: A Sales Executive or Senior Sal...
£40000 - £55000 per annum: Recruitment Genius: This is an exciting opportunity...
£22000 per annum: Recruitment Genius: This industry leading company produces h...
£20000 - £40000 per annum: Recruitment Genius: This IT provider for the educat...