Friday, March 27, 2009

G20 asked to establish a new fund totaling $ 100 billion.

SyuzhetyAprelskoe meeting G2026.03.2009 "Big Twenty" will not seriously discuss the introduction of a new world valyutyVelikobritaniya and Brazil have agreed that during the summit of G20 ( "Big twenty") asked the major nations of the world to establish a new fund totaling $ 100 billion, which would help the development of world trade. Reported AFP.
Several hours earlier, Russian news agencies reported that British Prime Minister Gordon Brown discussed the upcoming G20 summit with President of Russia Dmitry Medvedev. According to official figures, the parties came to the position of Great Britain and Russia are very similar, but specific proposals for the negotiations has not been announced.
Earlier, several countries have submitted their plans to reform the global financial system. In particular, Russia and China proposed to discuss the possibility of creating a supranational currency, which decreases the dependence of the economy on the dollar. In the U.S., with this idea is not accepted, but Gordon Brown has already stated that this issue is unlikely to be widely discussed at the summit of the Greater twenty.
World trade has been affected by the global financial crisis. According to the World Trade Organization (WTO) ruling in March, 2009, global turnover decline by nine percent. Earlier in the WTO The volume of trade fell to just 2.8 percent.
At the summit of the Greater twenty in the UK's largest chapter of the world will discuss the impact of the global financial crisis and ways out of it. The summit will be held in Britain in early April.

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