News Report (translated from MK.ru): “The World’s Financial System Is Outdated.” This was the conclusion reached by the participants of the Seventh Asia-Europe Meeting summit that was held on October 24 and 25 in Beijing, China. The meeting was attended by leaders and representatives from 45 Asian and European nations, who admitted that the global economic crisis has made it imperative to begin a wide reaching reform of international finance, to be done through joint efforts.
Suggestions will be considered at the G20 summit in Washington on November 15. “It is absolutely clear to all of us that it is no longer acceptable to gather together just to talk,” stated the President of France, Nicolas Sarkozy.
My Comment: The best that can happen is that they will just talk and go their separate ways. If all members of the G20 will agree and make a decision, it will only favor the egoistic development, and hence it will bring the world to even greater opposition to Nature and to greater calamities.