G20 upbeat on economy, pledges financial reforms
"Here in Pittsburgh, leaders representing two thirds of the planet's population have agreed to a global plan for jobs, growth and a sustained economic recovery," British Prime Minister Gordon Brown said.
The Pittsburgh gathering was the third summit in a year for the G20, which said it would now be the "premier forum" for economic cooperation, supplanting the Western-dominated G7 and G8 that were the primary international forums for decades.
G20 leaders agreed to work together to assess how their domestic policies mesh and to evaluate whether they are "collectively consistent with more sustainable and balanced growth."
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re: "third summit in a year"
Being the third summit in less than a year, a summary review of the first two is in order:
As for Summit #3, it can basically be summed up quite succinctly by the U.K.'s Gordon Brown when he states matter of factly that "Leaders...have agreed to a global plan."
That they have. At the first meeting there was "unanimous agreement", while the second meeting saw the creation of a new financial system which is "outside the control of any sovereign body". That is to say, superseding all international governments, and consequently, accountable to none. Third time at 'the summit', the self-anointed ones have agreed to a global plan, says Gordon Brown, in essence making themselves into that sovereign body, and taking unto themselves unaccountable power over the new-world's 666 financial system which they are creating. One world government with a 'global reserve'? You are looking at it.
Summit #4 ought to be a real humdinger.
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