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    The unions have also expressed dismay at the lack of progress on a global transactions tax, championed by UK Prime Minister Gordon Brown who hosted the Summit. "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 people are already bearing, and would do little if anything to restrain destructive speculation" said John Evans, general secretary of the OECD Trade Union Advisory Committee. Full Article at Scoop - New Zealand News
    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 people are already bearing, and would do little if anything to restrain destructive speculation
    John Evans SOURCE: Scoop - New Zealand News 3 weeks ago