Bush administration was already out in taking bold steps to resolve the financial crisis in the US that according to him has a devastating effects on other economies around the world. In his speech during the UN General Assembly, Bush reassured world leaders to fix the US economy and confident that they can resolve the crisis in a required urgent time frame.
Mr. Bush, long a critic of the United Nations, also dwelt on its future role and said it could be “a powerful force for good in the world” but said it still needed to be streamlined and corruption weeded out, and he called on other countries to live up to their commitments to make the organization work properly.
“In the 21st century the world needs a confident and effective United Nations,” he said, adding that it was an organization “of extreme potential.” He said that multinational organizations were now “needed more urgently than ever” to combat terrorists and extremists.
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