World leaders Meet For G-8 Summit

Leaders of rich and developing nations want to finally seal a long-delayed world trade deal next year and head off trade wars that could hit world economies as they struggle to emerge from recession, according to a draft of a joint declaration obtained by The Associated Press.

Completing the so-called Doha round of talks has risen up the agenda due to fears that the economic crisis will lead to an upsurge in protectionist policies like the ones that helped cause the Great Depression of the 1930s.

“We reaffirm our commitment to maintain and promote open markets and reject all protectionist measures in trade and investment,” according to a draft of the joint statement signed by 17 nations, including the Group of Eight industrialized countries and five key emerging market economies.

Continue Reading World Leaders Want Deal in Trade Talks

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3 Comments

  1. bert, the lies we all tell ourselves, and those told to us, make up our realities. truth is less prevalent in the universe than material and physical substance. keep posting the truth and more people who are truly open will be compelled to question the matrix in which (s)he chooses to live.

  2. “Leaders of the exclusive club of eight industrialized leaders plus five of the fastest developing nations are calling for open markets and a battle against protectionism as the answer to the world’s economic meltdown”

    No, its protection of elite profits, that what it is, at the expense of 99.999% of the public.

    Is it just me, or do others here sometimes feel like they are an alien visitor to our own world? I just don’t get how they manufacture these false realities with virtually no objection. I mean, no one is wearing any clothes, and no one seems to notice 🙁

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