g20 summit discuss New World Bank being setup by Brazil, China, India, Russia & South Africa $100 billion reserve | |
conspiracyparty User ID: 46268272 Canada 09/06/2013 05:21 PM Report Abusive Post Report Copyright Violation | Re: g20 summit discuss New World Bank being setup by Brazil, China, India, Russia & South Africa $100 billion reserve I never understood why South Africa is on that list. [link to en.wikipedia.org (secure)] These E7 nations should be there not South Africa... |
Anonymous Coward User ID: 46420864 Germany 09/06/2013 05:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 2353246 United States 09/06/2013 05:27 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 46229155 United Kingdom 09/06/2013 05:28 PM Report Abusive Post Report Copyright Violation | Re: g20 summit discuss New World Bank being setup by Brazil, China, India, Russia & South Africa $100 billion reserve I never understood why South Africa is on that list. Quoting: conspiracyparty 46268272 [link to en.wikipedia.org (secure)] These E7 nations should be there not South Africa... The whole scenario is messed up! |
Anonymous Coward (OP) User ID: 46229155 United Kingdom 09/06/2013 05:29 PM Report Abusive Post Report Copyright Violation | Re: g20 summit discuss New World Bank being setup by Brazil, China, India, Russia & South Africa $100 billion reserve An IMF quota represents a countries contribution to the fund’s capital as well as its clout in the IMF’s decision making. It can also decide the size of any loan that country receives from the IMF. Currently the US has the highest quota of any country at 17.08%, allowing it to veto any decision as any initiative is only passed if it receives 85% of the vote. [link to rt.com] |