In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘Currency Wars’

Tarpley & Escobar: China to blame or to admire?

Posted by seumasach on October 22, 2010

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G20: US pushes forex pact; talks trade wars

Posted by seumasach on October 22, 2010

This is cheeky by Geitner- apparently he wants the IMF to enforce this: if anyone is corralled you’d think it was the Americans. Either they’re mad or they’ve got something hidden up their sleeve. I reckon it’s the former though.

Hindustan Times

22nd October, 2010

The United States sought to corral reluctant finance leaders into a deal that would commit emerging markets to cut their current account surpluses and allow their currencies to rise at a meeting on Friday. G20 finance officials started their formal meetings on Friday with nations from the developing world and Japan dismissing the US proposals which it says are aimed at defusing tensions that economists fear could trigger trade wars.

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