Wednesday, March 25, 2009

Brown calls for global regulation


Brown calls for global regulation
25-03-2009

Britain's prime minister has called for global standards of financial regulation. Gordon Brown, who hosts the G-20 summit next week, said regulatory standards should be set "across Europe and the world". Mr Brown was speaking to members of the European Parliament at the beginning of a brief world tour aimed at building support for a deal on the global economy at the summit. He insisted that an injection of funds into the world economy would be "twice as effective" if all countries followed suit.