Selected articles dated February 17, 18 and 19, 2011 ...
Below are a few articles selected as a reminder. It was not quite 6 months ago when the G7 and G20 met and agreed to "rebalance" global exchange rates ... G-20 Reach Compromise Deal On Imbalances ...
What better time than Now to introduce a new currency basket? As the Hegelian dialectic goes .. There is definitely a Problem, which has created much Reaction ... What will the Solution be? G20 to the rescue. Maybe the G20 Secret Debt Solution? The G-20’s Secret Debt Solution ...
February Meetings/Articles:
On Monday, French Economy Minister Christine Lagarde said her country will work to realize a planned transition to a global financial system based on several international currencies. France is currently head of the G20.~ Full article ~ G20 Pushes Globalist SDR and China’s Role ...
Feb. 17th ~ IMF's Lagarde says G20 imbalances deal would be "big step" ~ G20 imbalances deal would be "big step" ...
Feb. 17th ~ Bank of Canada Governor, Carney agrees ~ French President Nicolas Sarkozy has called for a "new Bretton Woods" system for the 21st century. One aspect of that reform would be a move away from the dollar’s preeminence as a reserve currency and consideration of the longer-term use of the IMF’s Special Drawing Rights (SDRs) as a reserve asset. ~ Carney urges monetary reform at G20 ...
Exchange Rates ~ PARIS ~ February 18-19 2011 ~ France Hosts Finance Ministers of G20 Countries
G-20 Reach Compromise Deal On Imbalances ...
G20 Deal ~ G20 Nations will work through the night and are hoping to finalize a deal by morning ...
G20 ~ Sarkozy urges G20 countries "not to fail" on reforms
G-20 Deal ~ 4 Indicators ~ public-sector debt, private-sector debt, real effective foreign exchange rate, size of foreign reserves
February 17th, 2011
World Bank chief calls for modernised monetary system ...
