News reports indicate that the G-20 pledged an additional $1.1 trillion in financing for the International Monetary Fund, the World Bank and other global institutions so that they can help countries cope with the global economic crisis. The details of the proposal are virtually non-existent, i.e. exactly who will be …
Yesterday, the Heritage Foundation’s Margaret Thatcher Center for Freedom hosted a panel on “The Implications of the G-20 Summit for the Political Sovereignty and Economic Freedom of the United States.” The panel, which was hosted by Dr. Ted R. Bromund and featured Dr. J.D. Foster (Heritage), Dr. Desmond Lachman (AEI), …
German Chancellor Angela Merkel, March 14, 2009: If we want to actually strengthen the effect of such [stimulus] packages you simply have to implement them and not talk about the next one before the first has actually taken effect. Bloomberg, March 26, 2009: Chancellor Angela Merkel is injecting 82 billion …
President Obama’s administration just can’t leave well enough alone. First, it couldn’t manage to be respectful to Gordon Brown, the Prime Minister of Great Britain, during his visit. When a State Department official responsible for planning the visit was questioned about this by the Sunday Telegraph, the official’s response was: …
Three weeks ago, Washington and the world were contemplating British Prime Minister Gordon Brown’s ‘Global New Deal,’ and expectations were rising that the G-20 summit in London on April 2 would produce a comprehensive, job-destroying deal on global financial regulations. But inflated expectations always burst – ask the Obama administration …
