Mary Posted November 2, 2008 Report Share Posted November 2, 2008 British Prime Minister Gordon Brown made a direct plea on Sunday for Gulf states to contribute to the International Monetary Fund's reserves to bailout out struggling countries ? promising that they would have a say in any future new world economic order. Brown, who has drawn ire from some oil producing states for criticizing a recent decision by OPEC to cut production to lift prices, also told business leaders here that it was in everyone's interest to have a stable price for crude oil. "I believe that your country has a crucial role to play and your voice must be heard," Brown told business leaders in a breakfast address on the first stop of a tour of the Gulf that includes Qatar and the United Arab Emirates. Quote Link to comment Share on other sites More sharing options...
observer Posted November 2, 2008 Report Share Posted November 2, 2008 Seems they're changing the policy from invading them, to asking them! Quote Link to comment Share on other sites More sharing options...
Paul Kennedy Posted November 2, 2008 Report Share Posted November 2, 2008 All rather unseemly. Quote Link to comment Share on other sites More sharing options...
Dizzy Posted November 2, 2008 Report Share Posted November 2, 2008 Not sure he is the right person to be asking Brown might succeed in convincing the Gulf States to cough up some more dosh into the IMF fund pot to stop the global problems as long as he promises that none of the money will come in the direction of Britain or the USA Iceland , Hungary and Ukraine have already been allocated ?18.6bn of the current IMP fund and Pakistan is expected to requesting aid too. Quote Link to comment Share on other sites More sharing options...
observer Posted November 2, 2008 Report Share Posted November 2, 2008 ...and it all has to be paid back - with interest! Quote Link to comment Share on other sites More sharing options...
Dizzy Posted November 2, 2008 Report Share Posted November 2, 2008 Is it an unsecured loan Quote Link to comment Share on other sites More sharing options...
observer Posted November 2, 2008 Report Share Posted November 2, 2008 errm, I think most Countries have "assetts" - but i 'm not sure how the bailiffs would seize them! Quote Link to comment Share on other sites More sharing options...
Dizzy Posted November 2, 2008 Report Share Posted November 2, 2008 Bailiffs are very sneaky Good old Gordon does seem to be making a global name for himslef with all this though. Apparently some countries are hailing him as a hero Well if he pulls it all off and stops us all plunging into a huge recession etc etc I might consider voting for him next time Quote Link to comment Share on other sites More sharing options...
observer Posted November 2, 2008 Report Share Posted November 2, 2008 It's all part of the economic cycle - which Gordon had ten years to prepare for! But didn't! Quote Link to comment Share on other sites More sharing options...
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