What has been your local news headline to-day?
Missile
2012/06/20 12:33:54
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6 votes
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3 votes
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30% | ||
Here, it was about the murder of two Northern Ireland women killed in Turkey.
CHINA on Monday offered US$43 billion to the IMF’s crisis-fighting reserves, joining other major emerging markets in pledging new funds to shore up the global financial system while demanding reforms to give the developing world more clout at the IMF.
China’s contribution follows Russia’s pledge of $10 billion and is in line with a promise to supply the International Monetary Fund with extra firepower to help cope with the fallout from Europe’s debt crisis.
The leaders of Brazil, Russia, India, China and South Africa, meeting before a G20 summit in Mexico, said they “agreed to enhance their own contributions to the IMF.”
They sought to tie the funds to long-delayed reforms that would give the developing world more say at the Washington-based Fund.
“These new contributions are being made in anticipation that all the reforms agreed upon in 2010 will be fully implemented in a timely manner, including a comprehensive reform of voting power and reform of quota shares,” the BRICS leaders said in a joint statement.
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Don't even know what that means. Haha :p