Further talk about a global currency and this time by the French President, who has gone as far as to make it their number one agenda item during their one year stint as head of the EU starting in November.
They would like it completed before the end of their term, November 2011.
Prophecy’s are lining up and coming into focus….
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Analysis: Sarkozy to press currencies role for G20
President Nicolas Sarkozy has set an ambitious agenda of creating a new international monetary system and taming commodity speculation for France’s presidency of the G20 global economic leadership forum from November.
“What is desirable and indeed necessary today is to put in place instruments to avoid excessive currency volatility, the accumulation of imbalances and the quest for ever bigger foreign exchange reserves by emerging countries which have faced sudden and massive withdrawals of international capital,” Sarkozy said.
“If the French can declare at the end of their year in the chair that they have laid the foundations of a new international monetary order and advanced the reform of the IMF, it will be a success for Sarkozy,” said an expert advising Paris on its G20 presidency, who spoke on condition of anonymity.
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myBlessedHope 