Saturday, December 12, 2009

Soros the billionaire investor suggested that International Monetary Fund use $100bn gold reserves to back green loans from rich to poor nations ;

Mr Soros believes that developed countries should hand over
their "special drawing rights" - international foreign currency
assets distributed by the IMF - as loans to help poorer nations
tackle climate change
http://www.telegraph.co.uk/earth/copenhagen-climate-change-confe/6778960/Copenhagen-climate-summit-George-Soros-urges-use-of-IMF-gold-for-green-loans.html