LONDON – President Barack Obama sought Wednesday to rally the world's top and emerging powers to help cope with a global economic downturn, saying "we can only meet this challenge together."
Obama, in England for an economic crisis summit, prodded nations to spur growth and work together on regulatory reform, and not fall into the kind of protectionism and other mistakes that helped fuel the Great Depression.
"That is a mistake that we cannot afford to repeat," Obama said alongside British Prime Minister Gordon Brown.
Obama called the world's economic challenge the most serious one since World War II. He said he came on behalf of the United States to "listen, not to lecture."
"Having said that," Obama added, "we must not miss an opportunity to lead."
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