U.S. Concerns About Trade Deficit Shine at IMF Meeting

Metting in Washington, representatives of the International Monetary Fund met over the weekend to discuss control of the global economy. U.S. representatives were pleased to see that surplus nations such as Germany, Japan, and "oil producers" understood the potential for the U.S. trade deficit and a lack of savings to destabilize the world. Some dissension flared over a proposed plan to restructure voting power within the IMF. The G-24 group of developing nations, led by India, called for more power within the IMF to better reflect their growing economies.

If you have insight on the issues of the IMF and its current meeting, Guerrilla Radio is all ears: gradio(a)riseup.net