Quote:
Originally Posted by Professor Nordheim
Oct. 10 (Bloomberg)Berlusconi didn't give any details about what kind of rules leaders were looking to change, except to say that leaders are ``talking about a new Bretton Woods.''
The Bretton Woods Agreements were adopted to rebuild the international economic system after World War II in a hotel in Bretton Woods, New Hampshire. The aim of the agreements was to establish a monetary management system, initially by pegging currencies to gold. The IMF was set up later to help manage the international financial system.
http://www.bloomberg.com/apps/news?p...d=aP5mpMUORBWM |
Thanks for posting this as I was just about to. Curious language about a "New Bretton Woods." One can only wonder the impact to the world by what is being discussed behind closed doors by a small group of individuals