G20 to consider a new global reserve currency to replace the dollar!, page 1

President seeks salvation in his new world order

NICOLAS Sarkozy will use his G20 leadership role to push forward a new diplomatic and monetary world order that embraces Russia.

He proposes a powerful European alliance which could threaten to destabilise US dominance.
At the same time, the ambitious French President wants to craft a new global economic framework that would give China greater influence. He plans to use the French presidency of the G20 group of world nations, which starts on November 14, to promote his redrawing of the world diplomatic and monetary stage.

From the French point of view, the time is ripe to forge new global architecture because the end of the postwar monetary system has left a void and the world needs shock absorbers on the financial and commodities markets. China and Russia are critical to his new post-Cold War vision.

His plans come as the French President finds himself unloved at home and belittled abroad. He is clearly hoping to relaunch himself as an international troubleshooter before his expected campaign for re-election in 2012.
Preparing for Mr Sarkozy's chairmanship of the G20, the Elysee Palace is in overdrive, getting ready to turn the group of big industrial and emerging powers into a forum for solving the monetary and economic ills of the age.

He will put forward his radical new proposals for Moscow when he chairs a summit with Russian President Dmitry Medvedev and German Chancellor Angela Merkel in Deauville, France, on October 18. His plans will raise concerns in Washington, which has long resisted French attempts to counter US power and impose global regulations.

www.theaustralian.com.au...

Those of you who know me understand why I dont like Gordon Brown or Nicolas Sarkozy. They are outspoken about the creation of the NWO and enjoy quoting the Bible when doing so. The G20 is to big to fail!