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Is Zer0 Giving MORE U.S. Dollars Away?

Mike

Well-known member
G-20 to give $1 trillion to IMF, World Bank


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Apr 2, 11:29 AM (ET)

By JANE WARDELL

LONDON (AP) - Prime Minister Gordon Brown says leaders at the G-20 summit have agreed to give $1 trillion to the International Monetary Fund and the World Bank to help struggling nations around the world.

Brown also says the 20 countries at the summit will enact common policies to crack down on tax havens, regulate hedge funds, and rebuild trust in the financial system to "prevent a crisis such as this from happening again."

He says the G-20 nations will also give emerging powers a greater say in the world economy.

Brown did not outline any new fiscal measures but says that the stimulus packages already announced by major nations have already been the biggest in history.
 

Steve

Well-known member
Mike said:
G-20 to give $1 trillion to IMF, World Bank


Email this Story

Apr 2, 11:29 AM (ET)

By JANE WARDELL

LONDON (AP) - Prime Minister Gordon Brown says leaders at the G-20 summit have agreed to give $1 trillion to the International Monetary Fund and the World Bank to help struggling nations around the world.

Brown also says the 20 countries at the summit will enact common policies to crack down on tax havens, regulate hedge funds, and rebuild trust in the financial system to "prevent a crisis such as this from happening again."

He says the G-20 nations will also give emerging powers a greater say in the world economy.

Brown did not outline any new fiscal measures but says that the stimulus packages already announced by major nations have already been the biggest in history.

c'mon Mike, it's only another trillion.. :cry:
 
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