Wednesday, April 1, 2009

What is the G-20?


G20 meeting to create a world monetary system and a central world bank (wiki)

The G-20 (a.k.a. the "Group of 20 Finance Ministers and Central Bank Governors") is an elite set of finance ministers and central bank governors from 20 economies: 19 of the world's largest national economies plus the European Union (EU).

It also met once at heads-of-government level, in November 2008. Collectively, the G-20 economies comprise 85% of global gross national product, 80% of world trade (including EU intra-trade), and two-thirds of the world population.

The G-20 is a forum for cooperation and consultation on matters pertaining to the international financial system. It studies, reviews, and promotes discussion among key industrial and emerging market countries. It is interested in policy issues pertaining to the promotion of international "financial stability." It seeks to address issues that go beyond the responsibilities of any one organization. More>>

Thousands Join G-20 Protests
(CNN, 4/1/09)

Thousands converge on London for major protests ahead of the G-20 summit. Tens of thousands attended the Put People First march, organized by trade unions but backed by some 120 other groups including environmentalists, church groups, and political campaigners. More>>

G20 Gets Down to Business
(BBC)

World leaders of the G20 Summit will strive for an agreement on how to confront the worst [prefabricated] financial crisis since the 1930s.
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John Lennon and Yoko Ono in front of facts in the form of an American flag with skull and crossbone "stars" and genocide statistics for "stripes."

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