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 (photo: Steffen Kugler/AFP) |
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G8 et G20 en 2010
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Ignorant un avenir durable, le G8 et le G20 n’auront servi à rien
Ce mois-ci, « la forteresse de Toronto » avec son déploiement de forces de sécurité de 18 000 hommes et ses quatre kilomètres de clôture en grillage, nous a permis d’être témoins d’un Sommet des Peuples aux idées et solutions matures, de pétitions signées par 1 750 000 personnes demandant aux dirigeants d’investir maintenant dans l’avenir, d’une protestation pacifique de 25 000 participants, d’une profusion de coups médiatiques, de quelques violences regrettables et de deux sommets profondément frustrants....Lisez plus |
De la petite monnaie pour les banques, une grosse différence pour le monde !
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 The G-Sevenosaurus |
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G8 and G20 in 2010
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G8-G20 summits fall flat, ignore call for sustainable future
This month “Fortress Toronto”, with its 18,000 strong security forces and four kilometer chain link fence, bore witness to a Peoples’ Summit ripe with ideas and alternatives, petitions signed by 1.75 million asking leaders to invest in the future now, a 25,000 strong peaceful protest, media stunts galore, some regrettable violence, and two deeply disappointing summits... Read more |
 Small change for the banks, big deal for the world!
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Ignorant un avenir durable, le G8 et le G20 n’auront servi à rien
Ce mois-ci, « la forteresse de Toronto » avec son déploiement de forces de sécurité de 18 000 hommes et ses quatre kilomètres de clôture en grillage, nous a permis d’être témoins d’un Sommet des Peuples aux idées et solutions matures, de pétitions signées par 1 750 000 personnes demandant aux dirigeants d’investir maintenant dans l’avenir, d’une protestation pacifique de 25 000 participants, d’une profusion de coups médiatiques, de quelques violences regrettables et de deux sommets profondément frustrants.
G8-G20 summits fall flat, ignore call for sustainable future
This month “Fortress Toronto”, with its 18,000 strong security forces and four kilometer chain link fence, bore witness to a Peoples’ Summit ripe with ideas and alternatives, petitions signed by 1.75 million asking leaders to invest in the future now, a 25,000 strong peaceful protest, media stunts galore, some regrettable violence, and two deeply disappointing summits.
G20 BLOG: Robin Hood Tax – A golden goose among a bunch of lame ducks
Fraser — 27 June, 2010 - 14:26
This weekend, G20 leaders have an opportunity to support a simple idea that would finally redistribute some of the much talked-about benefits of globalization to the rest of the world – to fight global poverty and climate change.
Last week, German Chancellor Merkel and French President Sarkozy wedded themselves to the idea of the Robin Hood Tax, writing a letter to Canadian Prime Minster Stephen Harper to put discussion of the tax on the agenda at this weekend’s meetings.
The idea is to impose a tiny tax of 0.05 per cent on all financial transactions on the stock market and futures markets. For the most part, it would target the speculative activity of day traders who make hundreds of thousands of deals a day using computer algorithms. Astonishingly, at just 0.05 percent, this tax could generate hundreds of billion dollars, several times the amount donor countries contribute to global aid budgets.
To date, Harper has dismissed the idea of a “bank tax” (not a Robin Hood Tax or financial transaction tax), largely on the grounds that Canadian banks (like those in India, Brazil, China, and South Korea) didn’t have the same financial meltdown in other countries.
This may be the case. But he is missing the point. This is more than just a financial crisis. It is an economic crisis.
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Final script May 22, 2010; release date June 18, 2010. |
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Bridge to South KoreaHeld in Toronto, on Monday and Tuesday, June 21-22, 2010, just ahead of the G8 Summit in Huntsville and the G20 Summit in Toronto, this meeting was intended as a strategy session for civil society organizations, platforms and networks from many G20 countries (and beyond) to discuss diverse perspectives on both the G20 as an institution and priorities with respect to its agenda. As the outcome of an initial G20 strategy meeting in Washington DC in April of 2010 among various groups, the intention of this broader meeting of national, regional and international networks was three-fold:
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MEETING DETAILS
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http://www.embassymag.ca/page/view/tax-06-09-2010
Financial transaction tax is no bank tax
By Fraser Reilly-King
Published June 9, 2010
Big banks can finally breathe a sigh of relief.
This past weekend, Canadian Finance Minister Jim Flaherty managed to rally China, Brazil and South Korea behind him at G20 meetings in Busan, South Korea, and put those pesky discussions about a global bank tax to rest.
Instead of discussing a bank tax at this month's summit, the G20 agreed to "develop principles reflecting the need to protect taxpayers, reduce risks from the financial system, protect the flow of credit in good times and bad, taking into account individual country's circumstances and options."
Taxe robin des bois : Le Canada rate occasion d'exercer leadership
OTTAWA – Le gouvernement canadien rate une occasion historique d’exercer un leadership constructif sur la scène mondiale en refusant l’imposition de toute taxe au secteur financier mondial.
« Il y a deux propositions sur la table ici, déclare Fraser Reilly-King de l’Initiative d’Halifax. L’une permettrait de sauver les banques, l’autre, de sauver le monde. Alors que la pauvreté mondiale s’accroît, que le niveau des océans s’élève et que les économies européennes périclitent, le gouvernement Harper s’oppose vivement à ces deux propositions. »
Robin Hood Tax: Canada misses a chance for Leadership
OTTAWA – The Canadian Government is missing an historic opportunity to offer constructive global leadership by refusing to consider any kind of levy on the global financial sector.
“There are two proposals on the table here,” said Fraser Reilly-King of the Halifax Initiative. “One would save the banks, the other would save the world. At a time when global poverty is rising, along with sea levels, and European economies are crashing, the Harper government is actively campaigning against both.”
A Bank Tax would apply broadly and ensure future bailout funds would come from banks themselves, not the public. Canada’s counterproposal involves “embedded contingent capital,” which would shift the burden to shareholders, turning [contingent] bonds to equity if the banks run into trouble.
