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The UN called for "massive economic stimulus packages that are coherent and mutually reinforcing on a global basis, and linked with sustainable development imperatives" in a Report on World Economic Situation and Prospects 2009 presented at an international conference on development financing in Doha.
The packages "should come on top of the liquidity and recapitalization measures already undertaken by countries in response to the economic crisis," the report added.
UN economists also proposed "stronger regulation of financial markets and institutions, adequate international liquidity provisioning, an overhaul of the international reserve system and a more inclusive and effective global economic governance, to prevent against any future repetition."
Originally posted by Daniel666
Hey heres an idea, instead of have Bailout Packages!
Why doesnt the FED just give All the banks their own money press and then thay can start printing their own Money!
The World Trade Organization
WORLD TRADE REPORT 2005 C CONCLUSIONS
The overview suggests that the standards development process organized by national, regional and international standards institutions is progressively evolving. The role of international bodies has gained prominence. The national standardization infrastructures of most industrialized countries are now integrated into the network of international standardization. In Europe, for instance, adoption of European standards is mandatory for national member bodies .Source www.fil-idf.org...
“..the United States and the European Union have signed up to a new transatlantic economic partnership that will see regulatory standards “harmonized” and will lay the basis for a merging of the US and EU ... a huge step on the path to a new globalized world order.” (news.bbc.co.uk...)