Nov 7th, 2009 - BBC NEWS
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Gordon Brown and Alistair Darling want a fund for bank bailouts
Prime Minister Gordon Brown's idea of a financial transactions tax has received a lukewarm response from G20 countries.
The proposal has overshadowed the agenda at the meeting in St Andrews.
But the US Treasury said it would "not support" a transaction tax and Canada's finance minister said it was "not an idea we would look at".
Related stories:
IMF exploring insurance levy on banks
Nov 8th, 2009 - Reuters
PARIS (Reuters) - The International Monetary Fund is exploring the idea of making banks pay insurance fees to fund any future rescues in the sector, IMF managing director Dominique Strauss-Kahn said on Sunday.UK gives impetus to global banks tax
Nov 7th, 2009 - Washington Post
ST ANDREWS, Scotland (Reuters) - Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly.
Mixed response to transaction tax idea
Nov 7th, 2009 - BBC NEWS
Mr Brown urged a "just distribution of risks and rewards"
British Prime Minister Gordon Brown certainly caused a stir at the G20 finance ministers meeting in St Andrews when he suggested a tax on financial transactions...Britain and U.S. Clash at G-20 on Tax to Insure Against Crises
Nov 7th, 2009 - New York Times
ST. ANDREWS, Scotland — The United States and Britain voiced disagreement Saturday over a proposal that would impose a new tax on financial transactions to support future bank rescues. Prime Minister Gordon Brown of Britain...
IMF Says Overvalued Dollar Used for 'Carry Trades'
Nov 7th, 2009 - Bloomberg
Nov. 7 (Bloomberg) -- The International Monetary Fund saidtraders are probably using the dollar to fund “carry trades”across the world and the currency may still be overvalued evenafter its slide this year. “There are indications that the U.S...
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Related stories from Digg:
Pelsoi Wants International Tax On All Financial Transactions
WASHINGTON (Reuters) - Any tax imposed on financial transactions would have to take effect internationally, U.S. House Speaker Nancy Pelosi said on Thursday. "It would have to be an international rule, not just a U.S. rule. We couldn't do it alone (too hard to enforceable on US alone, so) we'd have to do it as an international initiative."(World News)
demicritterThu, Nov 19th, 200922 Diggs, 10 CommentsGlobal Resources for Global Priorities: Implementing a Curre
Recently the UK Prime Minster Gordon Brown made clear his support for a Global Transaction Tax to quickly respond to a future Financial Crisis. But if a Tobin Tax is implemented, it will be a global tax, one that should go to global causes.(Political Opinion)
jerwalkerThu, Nov 12th, 20091 Diggs, 0 CommentsMore Calls for UK Transaction Tax
The UK’s Trades Unions Congress (TUC) has called for the country to create a financial transaction tax.(Business & Finance)
twentygreenThu, Nov 12th, 20091 Diggs, 0 Comments
