Topic: Welcome from the United Kingdom, G20
willing2's photo
Tue 03/31/09 03:15 PM
This economy situation is a worldwide disaster, manipulation. Other parts of the world have been feeling the impact longer than we have here. Look at their desperation and you will most likely see our near future.

I believe, if anything comes of this summit, the news will be great for the Politicians and rich and famous.

If you were to predict what, if any, progress to a solution, what would you predict?

Welcome from the United Kingdom

The United Kingdom is honored to chair the Group of Twenty in 2009.

Since 1999, the G-20 has contributed to strengthen the international financial architecture and to foster sustainable economic growth and development. The G-20 now has a crucial role in driving forward work between advanced and emerging economies to tackle the international financial and economic crisis, restore worldwide financial stability, lead the international economic recovery and secure a sustainable future for all countries.

The financial markets and the world economy continue to face serious global challenges and the severity of the crisis and ongoing uncertainties demonstrate the need for urgent action. During the United Kingdoms Chair, the immediate priority will be to gain further agreements for a concerted, coordinated international response.

The G-20 will need to send a strong signal that it is prepared to take whatever further actions are necessary to stabilize the financial system and to provide further macroeconomic support. At the same time, the G-20 must commit to maintaining open trade and investment, to avoid a retreat to protectionism, and direct necessary additional support to emerging markets and developing countries.

The G-20 should also lay the foundations to move beyond the crisis to a sustainable recovery. In 2009, it will be important to understand the roots of the international financial crisis and identify the lessons that we can learn to ensure that a crisis of this kind does not happen again. The G-20 should develop proposals that will restore global growth in the medium term, including the unwinding of emergency measures taken in response to the crisis.

In addition, we should also make progress on long-term issues such as climate change and international development.

In line with usual practice, the organization of the G-20 events during the year will be shared between the Ministry of Finance and the Central Bank. We are looking forward to working closely and drawing on the valuable experience of our Troika colleagues, Brazil and South Korea, and the other G-20 members.

no photo
Tue 03/31/09 03:19 PM

This economy situation is a worldwide disaster, manipulation. Other parts of the world have been feeling the impact longer than we have here. Look at their desperation and you will most likely see our near future.

I believe, if anything comes of this summit, the news will be great for the Politicians and rich and famous.

If you were to predict what, if any, progress to a solution, what would you predict?

Welcome from the United Kingdom

The United Kingdom is honored to chair the Group of Twenty in 2009.

Since 1999, the G-20 has contributed to strengthen the international financial architecture and to foster sustainable economic growth and development. The G-20 now has a crucial role in driving forward work between advanced and emerging economies to tackle the international financial and economic crisis, restore worldwide financial stability, lead the international economic recovery and secure a sustainable future for all countries.

The financial markets and the world economy continue to face serious global challenges and the severity of the crisis and ongoing uncertainties demonstrate the need for urgent action. During the United Kingdoms Chair, the immediate priority will be to gain further agreements for a concerted, coordinated international response.

The G-20 will need to send a strong signal that it is prepared to take whatever further actions are necessary to stabilize the financial system and to provide further macroeconomic support. At the same time, the G-20 must commit to maintaining open trade and investment, to avoid a retreat to protectionism, and direct necessary additional support to emerging markets and developing countries.

The G-20 should also lay the foundations to move beyond the crisis to a sustainable recovery. In 2009, it will be important to understand the roots of the international financial crisis and identify the lessons that we can learn to ensure that a crisis of this kind does not happen again. The G-20 should develop proposals that will restore global growth in the medium term, including the unwinding of emergency measures taken in response to the crisis.

In addition, we should also make progress on long-term issues such as climate change and international development.

In line with usual practice, the organization of the G-20 events during the year will be shared between the Ministry of Finance and the Central Bank. We are looking forward to working closely and drawing on the valuable experience of our Troika colleagues, Brazil and South Korea, and the other G-20 members.
I predict they will all agree The flag pole should be 25 feet 6 inchs high...It will be considered a major break through and celebrated worldwide!!!