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To: ken21
UN Seeks to Tax International Currency Trades (1/31/01)

" NEW YORK — The United Nations yesterday issued a sweeping list of proposals to help the world's poorest nations cope with the effects of globalization, including an idea for a global tax on international currency transactions.

A 0.1 percent tax on $1.5 trillion worth of "speculative" currency transactions could yield $150 billion a year that could be used to stabilize volatile markets, said the report, compiled in collaboration with the World Bank, the International Monetary Fund, the World Trade Organization and others.

Officials who drafted the report showed little enthusiasm yesterday for the measure, one of dozens that may wind up in a non-binding agreement nations will negotiate in March 2002."


55 posted on 02/23/2002 5:09:17 PM PST by Orion78
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To: Orion78
thanks.

yeah, i know. that's what they're after. they've got to have large sums of money to impose a world government.

56 posted on 02/23/2002 5:14:20 PM PST by ken21
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