Jeck Forex

пятница, 3 апреля 2009 г.

Trillion dollar plan hoped to pull world out of recession


After a good deal of plotting, planning and diplomacy, the leaders at the G-20 summit have put a very expensive price tag on what they hope will be the golden bandage for the economy.
The summit has announced a $1.1 trillion plan to pull the world out of the greatest financial crisis since the Great Depression.
World leaders are hoping the trillion dollar package will underpin international trade, cripple the recession and save jobs around the world.
The bulk of the money's coming from countries like China and Japan and will be used to prop up poorer countries like Iceland, who's currency bottomed out in the wake of the financial crisis.
The new financial regulations also pledge to clean up banking and crack down on tax haven nations.
French President Nicolas Sarkozy and Germany's Angola Merkel had threatened to oppose the agreement if it did not include a tough global regulator, but in the end they signed on.
"If the crisis gets worse naturally we'll be ready to do more," Mr Sarkozy says.
And despite some minor hiccups with the final group photo, at least they got it together when it mattered.
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