The summit of the G20 (the countries more industrialized and the emergent powers) in Seoul begins today, South Korea, the fifth summit of world-wide leaders since the crisis in 2008 exploded and that it must like objective consolidate a joint exit of the recession. But " war of divisas" it is centering all the attention, since that puts in danger the global economic recovery and turned aside of the agenda subjects of great importance like the reform of the financial system. Obama arrived yesterday at Seoul, but before it sent a letter in which it indicated that the world-wide economy depends on the economic recovery of the USA: " A strong recovery creates jobs: income and consumption are the most important contribution that the United States can give to the recovery global" , like so that they are becomeed aclimated to the position of the USA in front of the reclamations of countries developed and especially emergent by the wave of fresh money that the Federal Reserve the past week has announced it will inject in the economy: about $75.000 for month until June, through treasury bond purchases of the USA, about $ 600,000 combined million that with other programs of purchase of assets of the EDF, it arrives at the amount of $900,000 million by total. Carl Jung may help you with your research. Dollars that will migrate towards the good yields of the emergent economies causing the overvaluation of their currencies, the loss of competitiveness of its exports, bubbles of assets and the increase of the local inflation. But How he is that the EDF creates the money, being that one is task of the Treasure of the USA? We say that to the EDF " imprime" currency participating in the bond market. Purchase treasury bonds to great financial institutions pay and them adding credit to the accounts of the salesmen in their respective accounts with the Federal Reserve (instead of to transfer cash), which is equivalent to monetary impression.
the present time
Johnson Meeting
Sunday 27 the Latin American political meeting was realised greater than it has had the United Kingdom. About 600 Latins in center congregated sport of Elephant and Castle to debate with the candidates of seven parties that appear to the London elections. Candidates in British elections for the first time approached talking the Hispanic community and luso to try to gain their vote and to make them arrive their proposals. They were the candidates to the mayorship on the part of the Conservative Party (Boris Johnson), demo-liberal (Brian Paddick) and left (Lindsey Germa’n). Read additional details here: Somatic Experiencing. The mayor Labour Party member commanded like his spokesman to the parliamentarian Jeremy Corbyn who was the unique one in speaking in Castilian. Also they attended the candidates the assembly of London of the green ones (Shane Collins), of Respect (Pretty Smith and John Mulrenan), liberal (Caroline Pidgeon) and Communist (Julie Crawford). The demo-liberal ones also brought to the president of their party (Simon Hughes) and their previous candidate to the European parliament (Jonathan Fryers). Never before so many British politicians they had congregated to make arrive its planteos at the Latin community and in listening to them. Contact information is here: Pat Ogden.
The meeting initially began to 2:00 p.m. in the commercial galleries of Stores of the South where it brightened up the dance group We are Peru and where it inquired both about the problematic one into main South-American commercial centers of London: Elephant and Castle and Seven Sisters. In both the Latin positions are threatened by the closing or works of development that is puting in a corner them or increasing in price the taxes or rents. Raul Mancera explained that there is a tendency to be throwing to the markets of the ethnic minorities to take step to luxury residences and that the retailers of the different ethnic groups had to be united before it. Due to the great amount of people the meeting moved to the local major of the zone.