Britain's Brown sets out plan to fix global financial system

0 Comments | AFP, January, 2008

LONDON (AFP) — British Prime Minister Gordon Brown set out his plan to reform the international financial system and restore stability to markets around the world in a Financial Times comment piece Friday.

Writing as hundreds of policymakers and business leaders were gathered in Davos, Switzerland for the World Economic Forum, Brown -- who served as Britain's finance minister for a decade before succeeding Tony Blair in June -- wrote there was now a window of opportunity to implement change.

Brown was himself set to address the Davos event later on Friday morning, and take part in a round-table discussion in the afternoon.

According to him, recent turbulence in the financial markets, which he described as the global economy's "biggest test in more than a...