Posts Tagged ‘G20’
Posted by seumasach on June 16, 2021
White House
13th June, 2021
“In Cornwall we have revitalised our G7 partnership. Our Shared Agenda for Global Action is a statement of our shared vision and ambition as we continue to collaborate this year and under future Presidencies. As we do so we look forward to joining with others to ensure we build back better, in particular at the G20 Summit, COP26, and CBD15 and the UN General Assembly, and reiterate our support for the holding of the Olympic and Paralympic Games Tokyo 2020 in a safe and secure manner as a symbol of global unity in overcoming COVID-19.”
This is the concluding paragraph of a document which reveals a G7 rediscovering its own irrelevance. Good to see its repeated references to the G20 which should have replaced it long ago. Nothing however about Johnson’s grandiose plans for a D-10 alliance of so-called democracies. No mention at all of NATO but plenty of mention of the UN and international law which will bring groans of dismay in Downing Street with their “rules-based international order”, the rules made up by themselves, being undermined. The usual childish anti-Russian propaganda although with a worrying reference to defending the recognised borders of Ukraine- does that include Crimea? Wisely, the G7, which includes Japan, has desisted from its attempts to get the Olympic Games cancelled.
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Posted in Afghanistan, Containing China, Disband NATO!, Drive to Global War, Iran, New Cold War | Tagged: D-10, G20, G7, G7 v.G20, international law v, rules-based global order, UN v. NATO | Leave a Comment »
Posted by seumasach on November 10, 2010
“The truth is that some countries with current account surpluses have been saving too much while others like mine with deficits have been saving too little.”
This is the kind of infantile stuff we get from a British prime minister.
The truth is that some countries which have destroyed their own industrial base are too dependent on the savings of other countries. I could hardly believe what I was reading when I saw this- it looks like a spoof. Cameron claimed to be batting for Britain but he’s batting for Anglo-America, for the obsolete empire in its showdown with the rest of the world at the G20.
David Cameron urges China to correct trade imbalance
BBC
10th November
UK Prime Minister David Cameron has stepped into the row over “currency wars” with a warning that China should act to correct its trade imbalance.
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Posted in Uncategorized | Tagged: ;, G20 | Leave a Comment »
Posted by seumasach on October 24, 2010
European Central Bank President Jean-Claude Trichet said that the G-20 made “no particular conclusion” after some members expressed concern about proposals for further quantitative easing in the U.S.
I think the conclusion is that the US plan has been quietly but firmly rejected. What will their next step be? Nice to see a bit of straight speaking from the Germans – they’re becoming increasingly uppety.
Bloomberg
23rd October, 2010
The Federal Reserve’s push toward easier monetary policy is the “wrong way” to stimulate growth and may amount to a manipulation of the dollar, German Economy Minister Rainer Bruederle said.
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Posted in Battle for Europe, Financial crisis | Tagged: G20, quantitative easing | Leave a Comment »
Posted by seumasach on June 22, 2010
Today’s Zaman
22nd June, 2010
A veteran career diplomat of Brazil believes that the G-20, or the Group of Twenty, is evolving into a broader forum in terms of its agenda and that its representation is far wider than the UN Security Council.
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Posted in Multipolar world | Tagged: G20, new global leadership, refound UN | Leave a Comment »
Posted by smeddum on March 29, 2009
Leading article: This crisis affords a glimpse of global power in transition
The G20 summit is already exposing tensions between the US and China
Friday, 27 March 2009
Independent
A London perspective on next week’s G20 summit inevitably places Britain, and the Prime Minister Gordon Brown, at the centre. But among those countries briefly orbiting the British sun there are two – the United States and China – that could, almost by themselves, dictate the future of the world. What is more, recent days have supplied ample evidence of the potential for friction between them. Already they seem to be circling each other warily, probing their comparative strength. Read the rest of this entry »
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Posted in Financial crisis | Tagged: China, G20 | Leave a Comment »
Posted by seumasach on March 14, 2009
Reason has prevailed and most countries don’t want to channel every penny they have the way of a chosen banker elite. The plan’s other key element, the use of a recapitalised IMF to force through the policies of Washington and London also appears to have come to nothing:
Finance ministers and central bankers said the IMF’s resources should be increased “very substantially”, from their current level, to prevent developing countries suffering disproportionately from the credit squeeze; but they offered no immediate commitment to provide new funds.
Brown is a poor player and his one hour strutting and fretting on the global stage is now up. His plan is “a tale told by an idiot, full of sound and fury, signifying nothing”
Guardian
14th March, 2009
Gordon Brown‘s hopes of uniting the world’s most powerful economies behind a massive new package of tax cuts and public spending increases were in ruins today after he failed to persuade France and Germany to back his plan to revive the world economy.
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Posted in Uncategorized | Tagged: bailout, G20, global bailouts, IMF reform, The Brown Plan | Leave a Comment »
Posted by seumasach on March 11, 2009
Brown’s agenda is obviously floundering and its defeat should be clear at the G20
David Gow
Guardian
11th March. 2009
The European commission president has hit back at US criticism that the EU is providing an inadequate economic stimulus for global recovery and accused the Obama administration of being averse to greater regulation of the financial sector.
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Posted in Financial crisis | Tagged: Financial crisis, G20, global institutions, global leadership | Leave a Comment »
Posted by seumasach on November 13, 2008
Mercopress
13th November,
2008
Mercosur country members are in a more solid position to face the global financial crisis that rich nations, said Brazilian president Lula da Silva who nevertheless called for a stronger trade links among its members.
“Mercosur countries are in a growth and jobs creation cycle”, said Lula da Silva in his broadcast program “Coffee with the President”. “We know the global financial crisis is very serious, but we are in better conditions to address it than the rich nations”.
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Posted in Uncategorized | Tagged: financial collapse, G20, Multipolar world | Leave a Comment »
Posted by seumasach on November 13, 2008
Spiegel
12th november, 2008
The faucets dripped, the windows couldn’t be opened and rain and snow came in through the roof and dripped down the walls. The Mount Washington Hotel in the small New Hampshire town of Bretton Woods was not in great shape when it served as the site of a conference on a new world economic order for 700 international financial experts shortly before the end of World War II. The 1944 meeting went on for three weeks in what one guest dubbed the “madhouse.” Still, despite the sub-optimal conditions, by the time it had ended, the conference had agreed on the rules and institutions that would shape the international financial system for decades to come.
AFP
Leaders from G-20 nations will meet in the National Building Museum in Washington D.C. this weekend for a summit on the global financial system.
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Posted in Uncategorized | Tagged: financial collapse, G20 | 1 Comment »
Posted by seumasach on November 11, 2008
Webster Tarpley
11th November, 2008
Rense.com
This is a confidential strategy paper for the November 15 G-20 summit in Washington DC. This is not a new Bretton Woods in any sense, but rather a British-steered attempt to impose the dictatorship of the International Monetary Fund (IMF) on the entire planet, wiping out all hope of economic recovery, the modernization of the developing countries, and national sovereignty at the same time.
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Posted in Financial crisis | Tagged: financial collapse, G20, IMF | 1 Comment »
Posted by seumasach on November 3, 2008
Thierry Meyssan
Voltairenet.org
2nd November, 2008
Depuis l’été 2006, Thierry Meyssan pronostique l’effondrement des États-Unis à moyen terme suivi de leur dislocation. Ce point de vue —qui a fait beaucoup sourire— trouve aujourd’hui un début de confirmation : rien ne parvient à stopper la crise financière US qui se transforme en crise économique. Selon cet analyste, qui est politologue et non pas économiste, les sommets internationaux qui se succèdent aujourd’hui n’ont pas pour but de résoudre la crise, mais représentent une révolte des États vassaux pour réorganiser un système qui, bien qu’agonisant, continue à profiter aux États-Unis.
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Posted in Financial crisis | Tagged: bailout, Financial crisis, G20 | Leave a Comment »
In These New Times 