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IPFS News Link • New World Order

UK joins G20 push for world levy on banks

• Reuters
Britain threw its weight on Saturday behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change.

British Prime Minister Gordon Brown urged finance ministers and central bankers from the group of leading nations to consider the bailout fund urgently, as they met in Scotland to discuss a new framework to rebalance the global economy.

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