The Independent logo The Independent 4 weeks ago

Harmony in the G20 is starting to unravel

Proposals for a transaction tax to underwrite banks' risk-taking split the G20 summit at the weekend, but there was agreement over the need to maintain fiscal support. Full Article at The Independent

Related Topics:

  1. G-20
  2. International Monetary Fund
  3. Timothy F. Geithner

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Related Quotes

  1. The IMF, which has been asked to make recommendations on this, has traditionally opposed such a tax and now seems to be steering the G20 towards a weak option which would not generate many funds nor make banks help to pay for the crisis they caused. This would only add to the enormous burden working peo...
    – John Evans SOURCE: Scoop - New Zealand News 4 weeks ago
  2. If there isn't an agreement on finance, if there isn't an agreement about contributions to make sure we can deal with this problem, then the Copenhagen agreement is going to be much, much more difficult
    Alistair Darling – Alistair Darling SOURCE: RedOrbit 4 weeks ago
  3. We didn't discuss the renminbi. I think that's a question for China rather than us.
    Alistair Darling – Alistair Darling SOURCE: International Business Times 4 weeks ago
  4. A day-by-day financial transaction tax is not something we are prepared to support
    Timothy F. Geithner – Timothy F. Geithner SOURCE: Financial Post 4 weeks ago
View all Related Quotes »
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  1. RNPS IMAGES OF THE YEAR 2009 - Demonstrators charge through a street in London during protests to coincide with Thursday's G20 summit meeting April 1, 2009.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 07: Timothy Geithner, U.S. Treasury Secretary gives a media conference at the end of the G20 finace ministers meeting on November 7, 2009 in St Andrews, Scotland.
  3. LONDON - DECEMBER 7: Prime Minister Gordon Brown speaks to Cardinal Cormac Murphy O'Connor (L) attends a Christian Christmas Tea Party at 10 Downing Street, on November 7, 2009 in London.
  4. LONDON - DECEMBER 07: The reigning Formula One Champion, Jenson Button (R) is congratulated by Britain's Prime Minister Gordon Brown after Button received the Richard Seaman Trophy during the British Racing Drivers' Club (BRDC) Annual Awards at Hotel Intercontinental on December 7, 2009 in Londo...
  5. The reigning Formula One Champion Jenson Button, right, is congratulated by Britain's Prime Minister Gordon Brown as he receives the Richard Seaman Trophy during the British Racing Drivers' Club (BRDC) Annual Awards at a hotel in London, Monday, Dec. 7, 2009.
  6. PORT-OF-SPAIN, TRINIDAD AND TOBAGO - NOVEMBER 28: British Prime Minister Gordon Brown chats with Indian Prime Minister Dr Manmohan Singh during the third retreat session on the second day of the Commonwealth Heads of Government Meeting (CHOGM) at the Hyatt Hotel on November 28, 2009 in Port-of-Sp...

Cast of Characters

  1. G-20
  2. International Monetary Fund International Monetary Fund
  3. Gordon Brown Gordon Brown
  4. Alistair Darling Alistair Darling
  5. Timothy F. Geithner Timothy F. Geithner
  6. United States Department of the Treasury United States Department of the Treasury