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Showing posts with label G-20. Show all posts
Showing posts with label G-20. Show all posts

4.06.2009

Primera Reunión Zp-Obama. Inédito!

[En un mingitorio londinense, durante la cumbre del G-20.....]


Secun de la Rosa y su gag sobre Obama y ZP, en 'Saturday...'.

4.05.2009

Riot Police Attack Peaceful Protesters At G-20 Climate Camp (Vid)


Riot police use shields and batons in unprovoked attack on peaceful protesters. It took place at the Climate Camp on Bishopsgate in the City of London during the first day of the G20 protests.

4.04.2009

Obama Begins Turnover of USA Sovereignty to International Body

ALL of the U.S. regulatory bodies and ALL U.S. companies are put under international regulation.

http://canadafreepress.com/index.php/article/9908

Moving as quickly as he can to gut the USA and then divide its body parts amongst like-minded globalists, the USA’s Supreme Leader Barack Hussein Obama used the G-20 conference to begin his turnover of USA sovereignty to said internationalists and start the move toward a one-world government. Obama has signed off on international legislation—the *Financial Stability Board—that would regulate ALL firms, including those within the USA and places them under the responsibility of an international governmental agency.

On FNC’s Greta Van Susteren’s program, author and columnist Dick Morris noted “literally from April 2nd of this year, that is, today, it’s a whole new world of financial regulation in which, essentially, ALL of the U.S. regulatory bodies and ALL U.S. companies are put under international regulation, international supervision. It really amounts to a global economic government.”

Read more...


*Financial Stability Board

http://www.guardian.co.uk/world/2009/apr/04/financial-stability-board-g20

What is the Financial Stability Board?

It is the new regulator created by the G20 as an enlarged version of the Financial Stability Forum, which is an advisory group established in 1999 to promote international financial stability through better information exchange and international cooperation. The new FSB will include all G20 countries, Spain and the European Commission. The body aims to identify problems in the financial system and oversee action to address them.

Who runs the regulator?

The Financial Stability Forum is chaired by Mario Draghi, governor of the Bank of Italy. The secretariat is based at the Bank for International Settlements' headquarters in Basel, Switzerland.

What will the new regulator do?

The regulator will monitor potential risks in the economy, especially those involving the biggest firms, and will conduct "early warning exercises" and periodic reviews to spot potential trouble. It will cooperate with the IMF, the Washington-based body that monitors countries' financial health, lending funds if needed. The new regulator will report any possible threats to the stability of the global financial system to the G20 finance ministers, the IMF and central bank governors.

Who will the regulator oversee?

All "systemically important" financial institutions, instruments and markets. This will include, for the first time, the most important hedge funds. These will have to register and report their strategy, debt and risk levels. Hedge funds manage about $1tn (£67bn) of assets.

How will it work?

The body will establish a supervisory college to monitor each of the largest international financial services firms. It will monitor a firm's financial and operational structure, and any contingency funding arrangements, amongst others. It will act as a clearing house for information-sharing and contingency planning for the benefit of its members.

For more on Financial Stability Board go here...

3.31.2009

Nicolas Sarkozy’s threat to walk out of global summit

Anglo-Saxon gibe strains relations with Obama.

http://www.timesonline.co.uk/tol/news/politics/G20/article6005810.ece

Nicolas Sarkozy

President Sarkozy yesterday threatened to wreck the London summit if France’s demands for tougher financial regulation are not met.

France will not accept a G20 that produces a “false success with language that sounds good but contains no commitments”, his advisers said.

Asked if this meant a possible walk-out, Xavier Musca, Mr Sarkozy’s deputy chief of staff for economic affairs, said: “A basic rule with nuclear deterrence is that you do not say at what point you will use the weapon.”

The French threat dramatically raised the temperature hours before President Obama arrives in London today. If carried through, it would ruin a summit for which Mr Brown and Mr Obama have high ambitions, believing it vital to international recovery.

Mr Sarkozy, who blames the “Anglo-Saxons” for causing the economic crisis, told his ministers last week that he would leave Mr Brown’s summit “if it does not work out”.

A deal to tighten regulation will be one of the key features of the G20 accord but France wants a global financial regulator, an idea fiercely opposed by the United States and Britain. Mr Brown has described the notion as ridiculous.

Germany and other nations are reported to be against a global regulator and sources said that President Sarkozy must know that the proposal would not make progress.

Thousands of demonstrators march through central London, on March 28, 2009. Tens of thousands of trade unionists, environmental campaigners and anti-globalisation activists took to the streets of London on Saturday to start five days of protests before the G20 summit.

Read more...


Ireland's economy loses coveted AAA rating.
http://business.timesonline.co.uk/tol/business/economics/article6005518.ece

Ireland’s economy ends long winning run

Ireland was stripped of its top AAA credit ranking and downgraded to AA+ by Standard & Poor’s (S&P) yesterday while being warned that it could drop further if Dublin fails to get its public finances under control.

The former “Celtic Tiger” economy is the second eurozone country after Spain in January to lose its top ranking since the onslaught of the global downturn. Such a downgrade will increase Ireland’s borrowing costs.

S&P said the Irish Government had underestimated the scale of its fiscal problems and the agency dismissed the possibility of a solution emerging at an emergency budget next week.

Read more...

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