Wednesday 22 July 2009

Towards the integration of the Dollar and the Euro?

by Michel Chossudovsky from Global Research 20 July 2009 With a view to restoring financial stability, World leaders have called upon the Group of 20 countries (G-20) to instigate a new global currency based on the IMF's Special Drawing Rights (SDRs). The media has presented the global currency initiative as a consensus building process, in which BRIC countries (Brazil, Russia, India and China) would participate in the revamping of the international monetary system.

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