Saturday, March 28, 2009

Britain Backs End To Western Dominance At IMF, World Bank

From The Daily Star:

British premier Gordon Brown signaled Thursday he would support ending a six-decade-long gentlemen's agreement under which leadership of the World Bank and IMF has been divided up between Americans and Europeans.

"The International Monetary Fund, the World Bank and all the international institutions must change now to meet the new realities," Brown said during a visit to Brazil.

"The next head of the World Bank need not be an American. The next head of the IMF need not be a European," he said, referring to an implicit deal upheld since the creation of the two Bretton Woods institutions in the 1940s.

Read more ....

My Comment: Gordon Brown is on his legs .... unfortunately for Britain, they are going down with him.

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