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Fed: Obama singles out Australia on economy

15 Mar 2009 3:06 PM

CANBERRA, March 15 AAP - US President Barack Obama has singled out Australia as a country taking appropriate action in the face of the global economic crisis.

Mr Obama mentioned Australia along with the economic heavy-hitters of China, the UK and the US.

He made the comments in a press conference at the White House on Saturday, when speaking about how important it was for countries to stimulate their economies now.

"Kevin Rudd has taken similar steps in Australia," Mr Obama said.

He also named UK prime minister Gordon Brown and China's president Hu Jintao as leaders who felt it was important to stimulate their economies now.

Mr Rudd and Mr Obama will meet in Washington on March 24.