MAJOR COUNTRIES CONSIDER NEW GLOBAL FINANCIAL ORDER
October 20, 2008
October 20, 2008
MONTEVIDEO, Uruguay, Oct. 20 -- The U.S. Embassy issued the following press release:
A reform of the global financial order will strengthen and harmonize financial regulation across borders as countries seek to prevent a repeat of the excesses that led to the current financial crisis, according to experts.
In an October 15 statement, the Group of Seven (G7) industrialized countries plus the European Union (EU) and Russia urge "changes to the regulatory and ins . . .
A reform of the global financial order will strengthen and harmonize financial regulation across borders as countries seek to prevent a repeat of the excesses that led to the current financial crisis, according to experts.
In an October 15 statement, the Group of Seven (G7) industrialized countries plus the European Union (EU) and Russia urge "changes to the regulatory and ins . . .