Where is Vladimir Putin?
Perhaps more monetary policy details will emerge after finance ministers speak to their respective nations in the days ahead. My vision see less polite and cooperative policies for the People on Earth as the nation-states seek to protect their narrow interests and national currencies. More bluntly stated: expect more predatory and privacy intrusions from institutions and their agents with the escalation of 21st century state sponsored war and terror.
This is what I found after looking past the embarrassing 5 eyes government gang against Putin, no secret that the 5 eyes of Australia, New Zealand, Canada, United Kingdom, and the United States had a chorus of childish malcontent against Russian President Vladimir Putin.
Yet Putin left as the adult figure among children, with a protective fleet off the coast of Australia, and leaving early citing he needed to catch up on sleep…
Please research deeper for the international taxation system and IMF reforms. ~Ron
G20 summit: Britain snubs international union campaign on jobs and wages
David Cameron snubbed international trade unions at the G20 summit in Brisbane this weekend – even though jobs tops the agenda and other centre-right leaders have met them.
Unions from across the G20 are trying to get a commitment to improving working conditions and increasing wages…
Mr Cameron, however, joined King Abdullah of Saudi Arabia, Mexico’s President Enrique Peña Nieto and President Joko Widodo of Indonesia in not talking to the unions either before, or during, the summit.
By contrast, Chancellor Angela Merkel offered union leaders breakfast yesterday morning, to discuss their ideas, and President Vladimir Putin met the leaders in the afternoon. France, China, Brazil, and Argentina have also found time for the union representatives.
Frances O’Grady, the general secretary of the Trades Union Congress, who is in Australia this weekend, said: “It’s simple: unless wages rise, then you’re not going to get the growth you need. It’s a shame that David Cameron, among the G20 leaders, seems reluctant to acknowledge that. You can’t build an economy on sand. If you’re only listening to hedge-fund managers and big business chiefs, then you’re only going to get one side of the story.”
Read more: independent.co.uk
More Taxes and Privacy Intrusions
[Following the trend of previous Summits Nations are proposing policies that targets tax havens and increase tax compliance; modernization of the taxation system and mechanisms of bank regulation was the main topic. A More Intrusive Taxation System. ~Ron]
Modi voiced India’s support for a new global standard on automatic exchange of tax information, saying it would be instrumental in getting information relating to unaccounted money hoarded abroad and enable its eventual repatriation.
He also extended India’s backing for all initiatives to facilitate exchange of information and mutual assistance in tax policy and administration.
Read more: economictimes.indiatimes.com
G20 Summit: Leaders are disappointed over slow pace of IMF quota reforms
[Finding detailed information about the “IMF reform” is more difficult, please read the G20 Summit Brisbane communique… ~Ron]
Brisbane, Nov 16: The G20 leaders today expressed disappointment over the slow pace of quota reforms at the International Monetary Fund, urging the US to ratify them to make the institution more effective and representative. We are deeply disappointed with the continued delay in progressing the IMF quota and governance reforms agreed in 2010 and the 15th General Review of Quotas, including a new quota formula,” said the communique released after the meeting of G20 leaders.
Emerging countries, like India, China, Brazil and Russia have been asking for increased voting rights in IMF, which would reflect their growing share in world economy. ”The implementation of the 2010 reforms remains our highest priority for the IMF and we urge the United States to ratify them,” the communique said.