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Old 11-06-2008, 03:16 AM   #1
Professor Nordheim
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Join Date: Sep 2008
Location: Northern Norway
Posts: 59
Arrow New World Order - It's In The News

Libya and Belarus eye New World Order

“We have before us the opportunity to forge for ourselves and for future generations a new world order — a world where the rule of law, not the law of the jungle, governs the conduct of nations. When we are successful — and we will be — we have a real chance at this new world order, an order in which a credible United Nations can use its peacekeeping role to fulfill the promise and vision of the U.N.’s founders.”

- George H.W. Bush, September 11, 1990

Hot News Turkey | Nov 3, 2008

Libyan leader Moamer Kadhafi on Monday called on Belarus to join “progressive forces” to create a multipolar world governed by the rule of law.

Kadhafi made the call during talks in Minsk with the authoritarian Belarussian President Alexander Lukashenko, part of his first tour of the former Soviet Union since the Cold War.

“Balance in the world has been destroyed and the world has become unipolar,” Kadhafi said during talks with Lukashenko. “The law of force has begun to work in place of the force of law.”

“Progressive forces must unite together to correct the mistakes, including those made by the United Nations,” Kadhafi said in comments broadcast on Belarussian television.

A former pariah state, Libya has moved into the international fold in recent years by renouncing weapons of mass destruction and taking responsibility for the 1988 airliner bombing over Lockerbie, Scotland that killed 270 people.

Lukashenko, whose regime has been described by Washington as Europe’s last dictatorship, maintained ties with the North African country when it was still regarded as an international outcast.



EU President Calls For “Global Governance” To Solve Financial Crisis



bc.politics | Oct 23, 2008

The economic turmoil will be the focus of the two-day, 43-nation Asia-Europe
Meeting, which opens Friday in Beijing, according to European Union
President Jose Manuel Barroso, speaking at the EU’s Beijing office Thursday.

Leaders hope this week’s summit in China will help bring agreement on a
response to the crisis ahead of a November 15 meeting hosted by U.S.
President George W. Bush in Washington.

“We need a coordinated global response to reform the global financial
system. We are living in unprecedented times and we need unprecedented
levels of global coordination,” The Associated Press reported Barroso as
saying. “It’s very simple. We swim together or we sink together.”

Barroso outlined no specific proposals but said a solution needed to be
based on transparency, responsibility, cross-border supervision and global
governance. He also said the world’s financial system needed “major reform.”




Brazil wants to construct a New World Economic Order



Brazil’s President Luiz Inacio Lula da Silva delivers a speech during the U.S-Brazil CEO Forum in Sao Paulo, Friday, Oct. 10, 2008. President Lula called or a new push to clinch a global free trade agreement, saying it’s one of the most important steps governments can now take to make sure the global economy doesn’t descend into chaos. (AP Photo/Andre Penner)

AP | Oct 10, 2008

By ALAN CLENDENNING

SAO PAULO, Brazil (AP) — Brazil’s president said Friday that emerging market nations like Brazil must have a strong say in developing strict international rules for financial institutions.

Brazil and other developing countries “need to learn from this crisis to construct a new world economic order,” President Luiz Inacio Lula da Silva said in a speech to Brazilian and American trade investment forum attended by U.S. Commerce Secretary Carlos Gutierrez.


Silva demanded tighter regulations for high risk investments in rich nations that he and many other leaders of developing market nations blame for eroding their economies after they spent decades adopting U.S. backed reforms.

New rules are crucial to “control the anarchy that is hitting the world economy,” Silva said, laying out harsh criticism for bankers who made risky bets on mortgage-backed securities that went bad.

“What happened is that some people acted like they were teenagers with failing grades on their report cards, wanting to hide them from their parents,” Silva said.

Central banks around the planet must adopt new rules, and governments must make sure financial institutions comply or are punished to prevent another debacle like the U.S.-born crisis, Silva said.

The president reiterated his belief that Brazil is better insulated from a deep domestic economic crisis because it has put its financial house in order, paying off its foreign debt and accumulating more than US$200 billion in foreign reserves.

However, shares on Brazil’s Ibovespa index fell for the fifth day in a row, closing down 4 percent at 35,610. And Brazil’s currency fell another 4.5 percent against the dollar, as the central bank auctioned reserves to halt the slide. The real has lost more than 30 percent of its value since Aug. 1.

Silva said Brazil will stick to its plans for hundreds of billions of dollars in infrastructure investment in coming years, including hydroelectric dams, highway improvements and railways.

He also called Friday for a new global free trade agreement as an important step to prevent economic chaos.

In an interview with The Associated Press, U.S. Commerce Secretary Gutierrez acknowledged the anger across the planet aimed at the United States for causing the crisis, but said regulatory reforms must wait until the U.S. bailout package starts rippling through the economy and restoring credit.

“We are working as hard as we can to fix it,” he said.

Silva said he lobbied for progress on the stalled World Trade Organization trade negotiations several days ago in a phone call with President Bush, and will deliver the same message in India next week to Prime Minister Manmohan Singh.

Gutierrez echoed Silva’s message that free trade — and not protectionism — is needed to bolster the global economy. But he said there is little hope of an agreement on a world trade treaty until after the inauguration of a new U.S. president in January.



Spain’s Zapatero calls for ‘New Financial World Order’



Spanish Prime Minister Jose Luis Rodriguez Zapatero joined calls for a new financial world order with stronger mechanisms for control.

Earth Times | Oct 30, 2008

San Salvador, El Salvador - Spanish Prime Minister Jose Luis Rodriguez Zapatero on Thursday joined calls for a “new financial world order” with stronger mechanisms for control and transparency. At the Iberian American Summit in San Salvador, the centre-left Rodriguez Zapatero criticized the “myth of deregulation” which according to him put speculation and greed, and the unbounded craving for greater benefits, above the productive economy.

He demanded a redefinition of the role of the International Monetary Fund (IMF), giving emerging and developing countries a greater say, so that international financial institutions “reflect the current geopolitical reality.”


Rodriguez Zapatero praised the progress made by Latin America in recent years, and stressed that Spain will not cut down development aid at timed of crisis.

“At a time in which the economic outlook is complex and difficult, commitment in the field of cooperation for development acquires even greater value, it must continue to be a priority,” he said.

The Spanish prime minister noted that 40 per cent of his country’s aid goes to Latin America.

Spain’s King Juan Carlos, in turn, focused on the summit’s motto, “Youth and Development,” and underlined the importance of creating conditions for the full development of Latin America’s young people.

“If we do not achieve that, we will be committing the fate of our children and not abiding by our responsibilities,” he added.

The 18th Iberian American Summit brings together the heads of state and government of Latin America, Spain and Portugal, with the exceptions of Venezuela, Uruguay and Cuba.

It opened Wednesday with a dinner, while debate started Thursday.

Iberian American summits have been held annually since 1991 to bring together Latin American nations with Spain and Portugal.



British Prime Minister calls for New Financial World Order at UN



Britain’s Prime Minister Gordon Brown addresses the 63rd session of the United Nations General Assembly at UN headquarters, Friday Sept. 26, 2008. (AP Photo/Richard Drew)

British leader issues call at UN for new financial order to end market turmoil

UN News Center | Sep 26, 2008

26 September 2008 – The Prime Minister of the United Kingdom today called for a new global financial system to bring an end to the current economic turmoil, laying out five principles on which the order should be based as he addressed the General Assembly’s annual high-level debate.

“This has been an era of global prosperity. It has been an era also of global turbulence,” Gordon Brown said at United Nations Headquarters in New York.

To bring an end to the culture of irresponsibility, “we must now build a new global financial order founded on transparency, not opacity; rewarding success, not excess; responsibility, not impunity; and which is global, not national.”

He proposed five key principles for all nations to abide by: transparency and improved accounting standards; sound banking practices and more effective regulation; increased responsibility to be taken by senior management; integrity; and oversight of global capital flows.

Mr. Brown also urged urgent action to tackle what he called the “global scramble for resources” by addressing the problem of high commodity prices and “taking tough decisions on energy security and climate change.” To this end, he said he will host a global energy summit in London to push for agreement on key issues later this year.

Cooperation among nations is more important than ever, he said, as it is the only vehicle through which “we can make the most of the world’s scarce resources and harness the power of our ever great interdependence for our common good.”

Resorting to isolationism and protectionism is not the solution to the crisis holding the world in its clutches, the Prime Minister said. “It is only by maintaining our open, flexible and dynamic economies that we can best secure people’s jobs, homes and standards of living in a global age.”



Sarkozy calls for UN-led ‘new world order’



Sarkozy on vacation, sandwiched between Bush I and Bush II

Earth Times | Sep 25, 2007

New York - The United Nations should avail itself as an instrument for a "new world order of the 21st century," French President Nicolas Sarkozy said Tuesday in his first address to the General Assembly. Sarkozy, who won the presidency this year on a strong reform platform to modernize France, urged the world body to embark on programmes ranging from equal wealth distribution to fighting corruption in his speech full of references to France's past revolutionary ideals.

"In the name of France, I call upon all states to join ranks in order to found the new world order of the 21st century on the notion that the common goods that belong to all of humankind must be the common responsibility for us all," he told the General Assembly.

YouTube: EU & UN Call For "Immediate New World Order"

Lots of good information @ aftermathnews.wordpress.com

Last edited by Professor Nordheim; 11-06-2008 at 04:59 PM.
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