14 Mart 2009 Cumartesi

G20 ministres meet to debate upon the economic crisis

Background Info:
What is the G20?
G20 is the group of ministries of the heavily industrialized countries like Germany and UK or those emerging powers such as Brazil and China that altogether holds 85% of world economy.

The leaders of the G20 countries are meeting at Sussex, Britain to come up with a mutual agreement among themselves regarding the economc crisis but for the time being them coming to an agreement seems to be unlikely.
The main suggestion that is submitted by USA is that the countries should separate a bigger amount of money to support the banks, however the European Union except UK, wants to see the results of the actions taken untill now before they grant more loans to the banks or to IMF, on the other hand the emerging powers refuse to donate any more money unless they are given the same privilidges as USA has in IMF.
Well it is seen that sides have plans, and others have excuses not to join but at the moment, I can't help to symphatize with the emerging powers. They are expected to recover for the mistakes of the so called "emerged" powers. The not properly supervised and analyzed acts such as mortgage in USA caused this global crisis to happen in the first. Now, even though they haven't played a major role in the basis of the global crises, they are expected to donate money in to new projects that is created by the founder of this global crise and taken in a "haste" if proper.
Furthermore, even if they agree give that donation, I just find it fair that they want to be equal with USA if they are going to look after his faults. There lots of strange affairs between the countries. In every kind of international you find that there are some countries that are more privilidged than other. Like a "supreme" lord of the other countries, in a place where all are supposed to be equal. To the ironic turn out of the events, these supreme countries had to ask the aid of the less supreme countries and I believe that it was just impossible that they won't ask for equality.

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