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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: energyplay who wrote (67357)10/20/2010 1:44:39 AM
From: elmatador  Read Replies (1) of 217802
 
Doubts grow on prospects for G20. It's becoming G2! China and Brazil are emptying the G20.

Warnings from the UK and India about the G20’s future merely put into words what has already become apparent from the actions of several governments – that several leaders doubt a multilateral solution to global imbalances and currency frictions is within reach.

The flurry of unilateral actions that governments have taken in recent weeks has continued to spread. On Monday Brazil said it was increasing again the taxes on foreign bond purchases to 6 per cent, having already doubled them to 4 per cent.

ft.com
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