Gordon Brown scales back ambition for G-20 summit to be a Bretton Woods II; Obama arrives in London Tuesday
Mar 31st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Gordon Brown said on Monday, that there was a lot of work left to do to reach agreement at Thursday’s G-20 summit as he scaled back ambitions for a Bretton Woods II, named after the location in New Hampshire, where agreement was reached on post-war financial institutions such as the International Monetary Fund (IMF) and World Bank. Brown had also in recent times spoken of a global “new deal.”President Barack Obama will arrive in London this evening for the summit of the 20 leading developed and emerging economies.
