▁crisis ▁and ▁issued ▁a ▁statement ▁regarding ▁immediate ▁and ▁medium ▁term ▁goals ▁and ▁actions ▁considered ▁necessary ▁to ▁support ▁and ▁reform ▁the ▁international ▁economy . ▁The ▁next ▁session ▁will ▁be ▁held ▁April ▁ 3 0 , ▁probably ▁in ▁London , ▁after ▁Bar ack ▁Ob ama ▁takes ▁office ▁as ▁President ▁of ▁the ▁United ▁States . ▁The ▁initial ▁session , ▁attended ▁by ▁the ▁leaders ▁of ▁the ▁G - 2 0 ▁set ▁forth ▁a ▁road ▁map ▁of ▁proposed ▁re forms ▁which ▁will ▁be ▁followed ▁up ▁in ▁coming ▁months ▁by ▁the ▁development ▁of ▁specific ▁propos als , ▁including ▁a ▁compreh ensive ▁reform ▁of ▁the ▁Bre tt on ▁Wood s ▁Institution s . ▁ ▁Week ▁of ▁November ▁ 1 6 ▁ ▁Re ports ▁of ▁economic ▁activity ▁In ▁the ▁third ▁quarter ▁of ▁ 2 0 0 8 ▁the ▁gross ▁domestic ▁product ▁of ▁Japan ▁fell ▁ 0 . 4 % ▁following ▁a ▁ 3 . 7 % ▁drop ▁in ▁the ▁second ▁quarter . ▁Similar ▁reports ▁of ▁re cess ion ▁level ▁economic ▁activity ▁had ▁been ▁released ▁previously ▁by ▁Hong ▁Kong , ▁Germany ▁and ▁the ▁European ▁Union . ▁ ▁It ▁was ▁widely ▁anticip ated ▁that ▁economic ▁activity ▁in ▁the ▁United ▁States ▁would ▁be ▁found ▁to ▁be ▁at ▁re cess ion ▁levels ▁when ▁statistics ▁were ▁released . ▁As ▁of ▁November ▁ 2 0 ▁new ▁applications ▁for ▁un emp loyment ▁benefits ▁rose ▁to ▁a ▁season ally ▁adjust ed ▁ 5 4 2 , 0 0 0 ▁per ▁week ; ▁new ▁applications ▁aver aged ▁over ▁ 5 0 0 , 0 0 0 ▁a ▁week ▁for ▁the