Bush Leaving World Stage

President Bush is in the process of taking his leave of international conferences.Mr.Bush hosted the Summit on Financial Markets and the World Economy this past weekend,which he described as a very successful summit.A 44-page statement of principles for preventing financial crises was agreed,such as greater transparency,more participation by emerging markets,the need for new alert systems and closer supervision of financial products and key corporations.The details are to be worked out by a number of working groups.On the other hand,the president indicated there will be further meetings.A meeting is not gonna solve the world's problems,he said,but will help begin a process.President Bush told the leaders that President-elect Obama's transition team has been fully briefed,that the president will work for a smooth transition,and that he hopes the president-elect succeeds.The president thanked the press for covering the summit,then said goodbye with a wave and a smile.