23 November 2008
Register
~
Login
Search
HOME
news
community
integral nhne
resources
links
about
DONATE
News Articles Archive
"News, information, and a home on the Net for people all over the world who are seeking to heal the Earth and unravel the fundamental mysteries of life."
Featured Articles
Moonie Peace Group To Hold Biggest UK Event
China 'Using Cyberwarfare To Challenge U.S. Power'
UFO: 'Out Of The Blue' Special Offer
1972 Prophesy Of Economic Collapse 'Coming True'
Scientists Take A Step Closer To An Elixir Of Youth
Government Warns Of 'Catastrophic Quake In Southern & Midwestern U.S.
Supercomputers Break Petaflop Barrier, Transforming Science
World's First Transplant Of A Whole Organ Grown In Lab!
The Bible's Buried Secrets
The Greenhouse Gas That Nobody Knew
Star Trek Releases 2nd Trailer
World's First Skype Certified Standalone Videophone
Garbage Dump Power Plants
Murdoch To Aussies: Embrace Technology
60 Minutes: President-Elect Barack Obama
Gore Says No To 'Climate Czar' Role
Parallel Universes: Do They Really Exist?
Where Can The Best Videos On Planet Earth Be Found?
2004 'God Factor' Interview With Barack Obama
Charter For Compassion: 3 Minutes Of Pure Inspiration
Update 18: 'Buddha Boy' Emerges, 10,000 Flock To See Him
David Servan-Schreiber On Cancer
The Seven Aphorisms Of Summum
Butler Who Saw Racial History Being Remade
25 Ailments That Can Be Cured By Having Sex
Research Aims To Let Animals Have Their Say
Change.Org
Robert Augustus Masters: 'The Art of Listening'
Foreplay Is Overrated, Researchers Claim
Al Gore: The Climate for Change
Current Articles
Moonie Peace Group To Hold Biggest UK Event
China 'Using Cyberwarfare To Challenge U.S. Power'
UFO: 'Out Of The Blue' Special Offer
1972 Prophesy Of Economic Collapse 'Coming True'
Cell Phone Jammers
Scientists Take A Step Closer To An Elixir Of Youth
Government Warns Of 'Catastrophic Quake In Southern & Midwestern U.S.
Supercomputers Break Petaflop Barrier, Transforming Science
World's First Transplant Of A Whole Organ Grown In Lab!
The Bible's Buried Secrets
The Greenhouse Gas That Nobody Knew
Star Trek Releases 2nd Trailer
World's First Skype Certified Standalone Videophone
Garbage Dump Power Plants
Murdoch To Aussies: Embrace Technology
60 Minutes: President-Elect Barack Obama
Gore Says No To 'Climate Czar' Role
Parallel Universes: Do They Really Exist?
Where Can The Best Videos On Planet Earth Be Found?
2004 'God Factor' Interview With Barack Obama
Charter For Compassion: 3 Minutes Of Pure Inspiration
Update 18: 'Buddha Boy' Emerges, 10,000 Flock To See Him
David Servan-Schreiber On Cancer
The Seven Aphorisms Of Summum
Butler Who Saw Racial History Being Remade
25 Ailments That Can Be Cured By Having Sex
Research Aims To Let Animals Have Their Say
Change.Org
Robert Augustus Masters: 'The Art of Listening'
Foreplay Is Overrated, Researchers Claim
Al Gore: The Climate for Change
Fed Refuses To Disclose Loan Recipients
Robert Augustus Masters: 'I Have Cancer'
Al Gore: Internet Revolution Could Save Earth
'Child-Witches' Of Nigeria Seek Refuge
Mini Nuclear Plants To Power 20,000 Homes
Meet The 'Green' Berets
The Disappearing Male
Following The Trail Of Toxic E-Waste
Mary Menth Andersen On Barack Obama: 'Who Is This Man?'
Obama Promises New Era Of Scientific Innovation
The Best Inventions Of The Year
Toyota Warns Of 'Unprecedented' Crisis
Suddenly, It May Be Cool To Be An American Again
Fresh Genes Needed To Save Chicken Industry
Fountain Of Youth Drug Restores Muscles
Study Links Pregnancy With Watching Sexy TV Shows
Obama Victory Speech, McCain Concession Speech
Frozen Mice Cloned - Are Woolly Mammoths Next?
Singularity Summit 2008 Reviewed
News Articles Archive
Current Articles
|
Categories
|
Search
|
Syndication
World Leaders May Close Global Markets
World Leaders May Close Global Markets
234 Views
posted on Saturday, October 11, 2008
BERLUSCONI SAYS LEADERS MAY CLOSE WORLD'S MARKETS
By Steve Scherer
Bloomberg
October 10, 2008
Original Link
Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world's financial markets while they "rewrite the rules of international finance."
"The idea of suspending the markets for the time it takes to rewrite the rules is being discussed," Berlusconi said today after a Cabinet meeting in Naples, Italy. A solution to the financial crisis "can't just be for one country, or even just for Europe, but global."
The Dow Jones Industrial Average fell as much 8.1 percent in early trading and pared most of those losses after Berlusconi's remarks. The Dow was down 0.5 percent to 8540.52 at 10:10 in New York.
Group of Seven finance ministers and central bankers are meeting in Washington today, and will stay in town for the International Monetary Fund and World Bank meetings this weekend. European Union leaders may gather in Paris on Oct. 12, three days before a scheduled summit in Brussels, Berlusconi said today, while Group of Eight leaders may hold a meeting on the crisis "in coming days," he said.
Berlusconi didn't give any details about what kind of rules leaders were looking to change, except to say that leaders are "talking about a new Bretton Woods."
The Bretton Woods Agreements were adopted to rebuild the international economic system after World War II in a hotel in Bretton Woods, New Hampshire. The aim of the agreements was to establish a monetary management system, initially by pegging currencies to gold. The IMF was set up later to help manage the international financial system.
............
In accordance with
Title 17 U.S.C. Section 107
, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Unless the information in question has been written and/or published by NHNE, NHNE has no affiliation whatsoever with the originator of this article. NHNE is, therefore, not endorsed or sponsored by the originator, nor does NHNE necessarily endorse, promote, or agree with the content. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
© 2008 NewHeavenNewEarth
(NHNE) ~
Interzoic Media
P.O. Box 2242 • Sedona, Arizona • 86339 • USA • (928) 257-3200 •
Contact Us