Disclaimer: Forex trading involves high risks, with the potential for substantial losses and is not suitable for all persons. The views expressed in this blogsite are those of the author(s) and do not necessarily reflect the official policy, position, or opinions of Global Forex Trading. Excerpt from: Forex News
|  | | November 17, 2008 | | New financial rules hammered at as well | Over the weekend, the G-20, comprising the leaders of the biggest economies (developed and emerging) met to try and decide what to do about the global recession. There was very little real substance in the meetings, but the leaders did pledge the following:
- Coordinated action to end the global recession.
- Agreement on some new rules regarding financial markets.
The idea is to try to stimulate the global economy, and to make it more difficult for something like this to happen again through requirements to be more transparent and to keep greater capital on hand.
| Topic Tags: currency trading, financial markets, financial rules, forex trading, G-20 meeting, global economy, global recession | |
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