Paulson calls for global cooperation on crisis

WASHINGTON (AP) - Treasury Secretary Henry Paulson called for coordinated, international steps to deal with the global financial crisis, warning a meeting of the world's financial leaders that isolation and protectionism could deepen problems.

"Although we in the United States are taking many extraordinary measures to ease the crisis we are not pursuing policies that would limit the flow of goods, services of capital, as such measures would only intensify the risk of a prolonged crisis,'' Paulson said Sunday.