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Posts Tagged ‘global financial system’

New issue of newsletter on EU financial reform

Editorial: The failure of financial reforms through undemocratic means Just before the G-20 Summit on 3-4 November 2011 in Cannes, the global financial system was once again at a state of crisis. Serious and escalating problems are coming from the Eurozone and European banks that own bonds from heavily indebted European countries. While the US [...]

Global leaders point way to economic recovery at UN summit

Global leaders point way to economic recovery at UN summit   Gordon Brown, Mary Robinson and 20 CEOs call for sustainable financial sector reform Washington D.C., 20 October 2011 -- With economic recovery topping the United States and global political agenda, a group of CEOs, major investors and bankers together with former United [...]

World’s largest investors, worth $20 trillion step up call for urgent policy action on climate change

World's largest investors, worth $20 trillion step up call for urgent policy action on climate change   Call coincides with landmark Washington D.C. Global Roundtable on financial stability and sustainability   Geneva/London/New York/Melbourne, 19 October 2011 - Despite the global economic crisis, and increased market volatility, the [...]

2011 Task Force Conference Communiqué: A Message to the G20

For Immediate Release October 14, 2011 2011 Task Force Conference Communiqué: A Message to the G20 The Task Force on Financial Integrity & Economic Development released the following communiqué following its 2011 annual conference, held this year in Paris, France on October 6-7, 2011: This past week, the Task Force on Financial [...]

Trade unions call on FSB to address financial transaction tax – ITUC OnLine

INTERNATIONAL TRADE UNION CONFEDERATION ITUC OnLine 180/031011 Trade unions call on FSB to address financial transaction tax Brussels, 3 October 2011 (ITUC OnLine): As the Plenary of the Financial Stability Board (FSB) meets today in Zurich, international trade union organisations have submitted their priorities for the FSB current [...]

ITUC OnLine: IFIs and G20 Must Lead a Global Action Plan to Put Job Creation at the Top of Their Agenda

IFIs and G20 Must Lead a Global Action Plan to Put Job Creation at the Top of Their Agenda Brussels, 19 September  2011 (ITUC OnLine):  The global economy is facing a surge in unemployment as record numbers of people out of work risk tipping the world into a 1930s-style downturn. G20 Governments and the International Financial Institutions [...]

French bank becomes the first to introduce Tobin Tax

French bank becomes the first to introduce Tobin Tax Banks says tax will raise €100,000 per annum for Millennium Development Goals This step is very significant. It tells us that it has now made sense to a bank to introduce a Tobin tax on its own. Of course, the amount is a drop in the bucket, but considering the immense foot dragging that [...]

Transforming Finance Group’s Call Recognizes Finance as a Global Commons

Transforming Finance Group’s Call Recognizes Finance as a Global Commons

Press Release: Financial Group Recognizes Finance As A Global Commons The Committee on Transforming Finance, a multinational network of career market participants: investors, asset managers, business executives, philanthropists, academics and financial authors, holds that the financial system is a global commons and calls for a new set of [...]

A Walled Garden for Capital

New socially responsible trading networks seek to facilitate long-term profitable investment. by Hazel Henderson When the global financial system broke down in 2008, many people realized for the first time that the credibility of large institutions, no matter how well regarded, could turn out to be flawed. Read more...

More Advice for Summiteers on Reforming the Global Casino

By Hazel Henderson  © 2009 Prepared for the Emergency Congress – "From Crisis to a Just and Sustainable World Economy" London, February 23-25, 2009 The following is a presentation to the emergency congress in London co-sponsored by Tomorrow's Company, the South African Human Rights Commission and Rights and Humanity, Feb. 23rd-25th, 2009, [...]

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