Saturday, 28 March 2009

Renewed calls for a fundamental financial shake-up

Link to the article: Euronews

There have been more calls for a new world financial order – this time at a meeting of centre-left governments in Chile. There was tight security for the Progressive Leaders’ Summit which heard demands that are becoming increasingly familiar – for fundamental change and a rejection of protectionism to turn around the global financial crisis.

The host, Chile’s president Michelle Bachelet, said: “The crisis cannot be combated by pushing the people and the workers aside. It should be fought by putting the people first.”