World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Melbourne G20 Summit a 'Security Threat'

Melbourne G20 Summit a 'Security Threat'

The Non-Government Organisation, AIDWATCH, describes the G20 summit in Melbourne 'a security threat for the world's poor and for world ecology'.

An AIDWATCH statement released today identifies G20 policies as a key threat to human and ecological security. Co-director Kate Wheen says: 'The G20 policy agenda threatens liveliood, sustainability and human security. It must be stopped.'

AIDWATCH demands an alternative agenda. It wants policies that democratise the financial policies of central banks. It calls for frameworks to end global speculation and financial volatility. It calls for regional alternatives to the International Monetary Fund. It demands policies that address the growing US deficit, which is financed by the rest of the world. It calls for financial structures that put us on the path of ecological sustainability.

Ms Wheen added: 'G20 policies put finance first, society second. We think society and the environment should come first. Finance should be serving the people, not people working for finance.'

More Information: Kate Wheen 0410470781 (02) 95578944

AIDWATCH STATEMENT ON THE G20

The G20 summit in Melbourne poses a security threat for the worlds poor and for world ecology. The G20's 'Accord for Sustainable Growth', on the table in Melbourne, imposes market rule over societies and environments. It is a recipe for global insecurity.

The G20 was set up by the G8 to be the cheersquad for the International Monetary Fund. It is a closed caucus of finance ministers and unelected bank governors dedicated to puttiing finance first, society second.

It is a conduit for policies that attack the poor, create social injustice and exacerbate global environmental crisis. Instead of addressing the key cause of global instability - US military spending and the ballooning US deficit - the G20 is pushing policies that will further expose societies to global finance flows.

Aid is on the Melbourne agenda. But symbolically it is the last item on the agenda, and will be discussed only by 'deputies'. As far as the G20 is concerned, the social consequences of global finance are the last item to consider, and do not require the full attention of finance ministers and central bank governors.

We refuse this G20 agenda.

We need alternative policies and forums that are capable of addressing the financial causes of global insecurity. AIDWATCH calls for policies that :

• dismantle the speculative casino and de-globalise financial power.

• reclaim governmental power over central banks and over finance markets.

• direct finance to serve human development and environmental sustainability.

• support local and regional monetary funds to serve local priorities

• de-link from a system that bankrolls US deficits.

Such an agenda could begin to put finance in the service of people, rather than require people to serve finance. It could begin to address poverty and environmental degradation and the causes of global insecurity.

Ends


© Scoop Media

 
 
 
 
 
World Headlines

 

Japan: Independent Experts Slam Japan’s New Whaling Plan

Independent experts slam Japan’s new whaling plan and declare no more whales need to be killed for Antarctic research More>>

Gaza Strip: Gaza Strip: Attacks In The Border Areas

Following disengagement from the Gaza Strip in September 2005, Israel unilaterally and illegally established a so-called “buffer zone”, an area prohibited to Palestinians along the land and sea borders of the Gaza Strip. The precise area designated by ... More>>

Australian Government: Iraq Deployment: Joint Press Conference, Canberra

Back in March, the Government announced that we were preparing a force for a Building Partner Capacity training mission in Iraq. I can inform you that today the Cabinet has decided to deploy that force. The deployment will start tomorrow and we expect ... More>>

UNHRC: UN Committee Against Torture To Review New Zealand

UN Committee against torture to review New Zealand, Congo, Romania, Luxembourg, Spain, Serbia, Colombia, Former Yugoslav Republic of Macedonia More>>

UNHRC: Nigeria: One Year On, Call To Bring Back Abducted Children

Nigeria: One year on, UN and African experts call for decisive steps to bring back abducted children More>>

EU & US Let Iran Win Top Seat On UN Women’s Rights Board

EU & US Allowed Iran to Win Top Seat on UN Women’s Rights Board, Rights Group Says More>>

Peaceful Tree Planting Attacked By Zionist Settlers/soldiers

Peaceful tree planting attacked by zionist settlers and soldiers, two Palestinians hospitalised and a German activist arrested. More>>

One Year On: WWF Fails To Act Against Abuse Of ‘Pygmies'

Baka 'Pygmies' have faced harassment, beatings and torture by anti-poaching squads supported and funded by WWF. Conservation giant World Wide Fund for Nature (WWF) has failed to take action against the abuse of Baka “Pygmies” and their neighbors ... More>>

Cyclone Pam Evacuation Centers Home To New-Born

UNFPA Pacific, Port Vila, Vanuatu (March 25, 2015) - As her family settled into one of the classrooms at Freswota Primary School in Cyclone Pam-stricken Port Vila, in the Pacific island nation of Vanuatu, Meri Yalu was more troubled by an impending ... More>>

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news