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According to the Brazilian host, the G20 will continue to play an important role in the
discussions on the reform of the Bretton Woods Institutions and will deliberate on
specific issues during 2008. G20 members will be able to meet throughout the year and
build consensus where further progress is required in order to contribute to a successful
conclusion of the second stage of quota and voice reform.7 (January 3, 2008, G20
website)
According to the Brazilian host, following the standard agenda of the G20, the forum will
evaluate the current risks and prospects of the global economy that impact on the
domestic policies of the members. Recent volatility of the global market suggests that
there are issues requiring coordination. In addition, the chair will establish a Study
Group on Global Credit Market Disruptions, proposed by Australia, which has
offered to chair it. Other study groups –which have proved to be a useful tool in
identifying challenges to be addressed and policy insights – may also be established.8
(July 24, 2008, G20 website)
sovereignty is defined as the legitimate exercise of power and the interpretation of international law by a state
World government is the concept of a political body that would make, interpret and enforce international law. Inherent to the concept of a world government is the idea that nations would be required to pool or surrender (depending on point of view) sovereignty over some areas.
Originally posted by Blueracer
Interesting. But what does it have to do with Space Exploration?
EU leaders are also leading calls for an international emergency summit, perhaps after US elections next month, to reshape the financial system while Washington has shown less enthusiasm.
Originally posted by Brothers
Sorry. But I don't believe this will happen. At least in our lifetime. The US would still like to have their Dollars as the top currency. Afterall, oil is still traded in US Dollars and there is no way that the Oil companies will allow it any other way. At least for the present.
Originally posted by Taledus
Thanks for the link...I don't know how I overlooked it.
So I say it's time to:
START A PETITION!!!
This is about the only way the people of every nation will be able to announce to thier government that this needs to stop right now. It is not a violent plan, nor is it something that will disrupt things on a massive scale.