United Nations General Assembly Begins

In New York today, more than 120 world leaders converged for the opening of the United Nations General Assembly. UN Secretary General Ban Ki-Moon was the first of many to address the growing financial crisis.

US President Bush said the country was taking decisive action to address the financial meltdown, and tried to assure world leaders the crisis would be diffused. But that was later in his speech. He used much of his 22 minutes to push for multilateral cooperation on his Administration's so-called War on Terror.

This was Bush's last speech at the UN, and he encouraged UN members to enforce sanctions on Iran and North Korea, while also attacking Iran and Syria as state sponsors of terrorism.

Also speaking today, was Ellen Johnson Sirleaf, President of Liberia, noting that in spite of the country's progress towards economic stability, they still have a long way to go towards eradicating poverty.

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