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Brown says US bond 'unbreakable' | Brown says US bond 'unbreakable' |
(19 minutes later) | |
Gordon Brown has received a standing ovation from the US Congress after he called for a renewal "of the special relationship for our generation". | |
Mr Brown, the fifth UK prime minister in history to address both houses on Capitol Hill, urged the US and UK to push for "essential" economic changes. | |
Neither nation should "succumb" to protectionism "which protects no-one", but seize opportunities ahead, he said. | |
Mr Brown announced Senator Ted Kennedy would get an honorary UK knighthood. | Mr Brown announced Senator Ted Kennedy would get an honorary UK knighthood. |
The prime minister paid tribute to the work of US troops in Afghanistan and said terrorists could "not ever destroy the American spirit". | The prime minister paid tribute to the work of US troops in Afghanistan and said terrorists could "not ever destroy the American spirit". |
The partnership between the UK and the US is "unbreakable" and that "no power on earth can ever draw us apart", he also said. | |
'Standards' | 'Standards' |
The speech began to a standing ovation and was frequently interrupted for applause - with 17 ovations counted. | |
Mr Brown called for agreed "rules and standards for accountability, transparency and reward" in banking. | Mr Brown called for agreed "rules and standards for accountability, transparency and reward" in banking. |
On the recession, he said: "America and a few countries cannot be expected to bear the burden of the fiscal and interest rate stimulus alone. We must share it globally. | On the recession, he said: "America and a few countries cannot be expected to bear the burden of the fiscal and interest rate stimulus alone. We must share it globally. |
"So let us work together for the worldwide reduction of interest rates and a scale of stimulus round the world equal to the depth of the recession and the dimensions of the recovery we must make." | "So let us work together for the worldwide reduction of interest rates and a scale of stimulus round the world equal to the depth of the recession and the dimensions of the recovery we must make." |
In addressing Congress, Mr Brown follows in the footsteps of Winston Churchill, Clement Attlee, Margaret Thatcher and Tony Blair. | In addressing Congress, Mr Brown follows in the footsteps of Winston Churchill, Clement Attlee, Margaret Thatcher and Tony Blair. |
There is no old Europe, no new Europe, there is only your friend Europe Gordon Brown Live text: Brown's speechObama hails special relationshipTed Kennedy to receive knighthood | There is no old Europe, no new Europe, there is only your friend Europe Gordon Brown Live text: Brown's speechObama hails special relationshipTed Kennedy to receive knighthood |
In the speech he said that "now more than ever the rest of the world wants to work with you" and will say the major challenges faced are global challenges. | In the speech he said that "now more than ever the rest of the world wants to work with you" and will say the major challenges faced are global challenges. |
"And let me say that you now have the most pro-American European leadership in living memory. A leadership that wants to cooperate more closely together, in order to cooperate more closely with you. | "And let me say that you now have the most pro-American European leadership in living memory. A leadership that wants to cooperate more closely together, in order to cooperate more closely with you. |
"There is no old Europe, no new Europe, there is only your friend Europe. | "There is no old Europe, no new Europe, there is only your friend Europe. |
"So once again I say we should seize the moment - because never before have I seen a world willing to come together so much. Never before has that been more needed." | "So once again I say we should seize the moment - because never before have I seen a world willing to come together so much. Never before has that been more needed." |
After a meeting with Barack Obama on Tuesday, the US president said the "special relationship" between the countries would "only grow stronger". | After a meeting with Barack Obama on Tuesday, the US president said the "special relationship" between the countries would "only grow stronger". |
After about an hour of talks at the White House, Mr Brown and Mr Obama said they agreed that improvements were needed to the regulation of the global banking system. | After about an hour of talks at the White House, Mr Brown and Mr Obama said they agreed that improvements were needed to the regulation of the global banking system. |
Mr Obama warned that countries should not "project inwards" by encouraging protectionism during the economic crisis. | Mr Obama warned that countries should not "project inwards" by encouraging protectionism during the economic crisis. |
Mr Brown said the two countries were pursuing a "common interest" in a "global new deal". | Mr Brown said the two countries were pursuing a "common interest" in a "global new deal". |
The prime minister's US visit comes ahead of a summit of the Group of 20 (G20) developed and emerging economies in London on 2 April. | The prime minister's US visit comes ahead of a summit of the Group of 20 (G20) developed and emerging economies in London on 2 April. |
The EU and Canada have warned that a "buy American" clause in the US economic recovery package could promote protectionism. | The EU and Canada have warned that a "buy American" clause in the US economic recovery package could promote protectionism. |
It seeks to ensure that only US iron, steel and manufactured goods are used in construction work funded by the bill - but has included a pledge to respect international trade obligations. | It seeks to ensure that only US iron, steel and manufactured goods are used in construction work funded by the bill - but has included a pledge to respect international trade obligations. |