UN Panel Calls for New Global Currency
-
-
- kingfugazi
- added this
The UN is warning the global economic meltdown should prompt a major regulatory overhaul and the advent of a new global currency to replace the US dollar as the world standard. The United Nations Conference on Trade and Development, or UNCTAD, says the dollar’s preeminence worsens existing imbalances and further burdens debt-ridden countries. UNCTAD Director Heiner Flassbeck said the world’s leading economies have failed to introduce regulation that could take on the financial instruments that caused the meltdown.
CLICK LINK FOR FULL ARTICLE.....
CLICK LINK FOR FULL ARTICLE.....
-
- groups:
- Community
