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Gadhafi: Who Killed JFK and MLK?
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Obama: Time Has Come For A New World Order
Brazil’s Lula Pleads For New World Economic Order
AFP
September 23, 2009
Brazilian President Luiz Inacio Lula da Silva on Wednesday made a strong plea for a new world economic order in the wake of the global financial crisis.
“Because the global economy is interdependent, we are obliged to intervene across national borders and must therefore re-found the World Economic Order,” he said in a speech to the UN General Assembly.
Lula, who is to attend a summit of 20 leading developed and emerging economies hosted by US President Barack Obama in Pittsburgh later this week, reiterated his call for regulation of financial markets and an end to protectionism.
And he insisted anew that multilateral institutions such as the International Monetary Fund and the World Bank must become “more representative and democratic” to deal with complex problems such as overhauling the international monetary system.
“Poor and developing countries must increase their share of control in the IMF and the World Bank,” he said.
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noworldsystem.com 