Obama: full economic recovery 'a ways off'
L'AQUILA, Italy (AP) President Barack Obama said on Friday the world apparently has averted economic collapse but a ``full recovery is still a ways off.''
Mr. Obama, speaking at the end of the Group of Eight summit of major economic powers, said world leaders had taken significant measures to address economic, environmental and global security issues.
He cited a ``widespread consensus we must continue our work to restore economic growth and restore our financial regulatory systems.''
Mr. Obama noted, however, that the leaders failed to agree on all issues, including global warming. ``We have not solved all our problems,'' he said.
Mr. Obama also told reporters that world leaders ``remain seriously concerned about the appalling events of Iran's presidential election,'' including the government's crackdown on protesters. He said the world would ``take stock of Iran's progress'' in coming days and watch its behavior.
The president said world leaders have made clear that for Iran to take its ``rightful place'' in the world, the country must adhere to international standards and behave responsibility.
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