Obama discusses finance crisis with world leaders [November 07 2008]

Incoming US president Barack Obama discussed the financial crisis and other problems with top world leaders ahead of his first public comments Friday since his election triumph.After making the first key appointment to his administration, Obama spoke by telephone with the leaders of Australia, Britain, Canada, France, Germany, Israel, Japan, Mexico and South Korea, hastening the shift in political gravity away from President George W. Bush.

The financial crisis, the Afghanistan war, climate change and the North Korean and Iranian nuclear crises dominated the talks, according to accounts from the various capitals. Obama and South Korean President Lee Myung-Bak agreed to work together to tackle North Korea's nuclear disarmament and the financial turmoil, said Lee's spokesman in Seoul.

Australian Prime Minister Kevin Rudd said that he and Obama discussed "our resolve to act together on dealing on the global financial crisis and also working closely together on the great challenge of climate change." Obama and German Chancellor Angela Merkel agreed to work "closely" on Iran's disputed nuclear programme, Afghanistan, climate change and the financial crisis, her government said.