Putin calls for new financial world order

mkpdavies · 11-06-2007, 05:39 PM

http://www.ft.com/cms/s/a77af2ba-177...b5df10621.html

Quote:

Mr Putin said 50 years ago, 60 per cent of world gross domestic product came from the Group of Seven industrial nations. Today, 60 per cent of world GDP came from outside the G7.

“The interests of stable economic development would be best served by a new architecture of international economic relations based on trust and mutually beneficial integration,” Mr Putin said.

The Russian president said there was increasing evidence that existing organisations were “not doing a good job regulating global economic relations”.

“Institutions created with a focus on a small number of active players sometimes look archaic, undemocratic and unwieldy. They are a far cry from recognising the existing balance of power,” he said.

The man has a point. Mind I get nervous with the use of New World Order in the title again.

TonyG · 11-06-2007, 09:11 PM

I would be extremely nervous if Russia were directing the way economies should be run! Putin's not exactly got a track record to be proud of! :roll:

kernow · 12-06-2007, 01:03 AM

Quote:

Originally Posted by mkpdavies

Mind I get nervous with the use of New World Order in the title again.

And me!

g hall · 12-06-2007, 09:08 AM

Power politics again - restore the USSR to former glories and the EU is right in the firing line - how many moles are there?

11-06-2007, 09:11 PM	#2 (permalink)
TonyG Uber Member Join Date: Jun 2005 Posts: 2,589	I would be extremely nervous if Russia were directing the way economies should be run! Putin's not exactly got a track record to be proud of! :roll: __________________ If you don't think you can change the world, who do you expect to do it for you? ---- http://www.mercola.com/townofallopat...ofallopath.htm

12-06-2007, 09:08 AM	#4 (permalink)
g hall Uber Member Join Date: Nov 2006 Location: erewhon Posts: 5,935	Power politics again - restore the USSR to former glories and the EU is right in the firing line - how many moles are there? __________________ "That government is best which governs least." "This is a sharp Medicine, but it is a Physician for all diseases and miseries". "To be "matter of fact" about the world is to blunder into fantasy --and dull fantasy at that, as the real world is strange and wonderful." TANSTAAFL TANJ

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