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

 

Amnesty: Campaign Mass Hangings And Extermination At Syrian Prison

A chilling new report by Amnesty International exposes the Syrian government’s calculated campaign of extrajudicial executions by mass hangings at Saydnaya Prison. Between 2011 and 2015, every week and often twice a week, groups of up to 50 people ... More>>

Russian Hack Job?: White House - Actions In Response To Russian Malicious Cyber Activity & Harassment

President Obama authorized a number of actions in response to the Russian government’s aggressive harassment of U.S. officials and cyber operations aimed at the U.S. election in 2016. More>>


Israel/Palestine: Michael Field - Background To How Israel Nearly Went To War With New Zealand

New Zealand and Senegal managed to get the United Nations Security Council to pass resolution 2334 which said Israel’s settlements in Palestinian territory violate international law and undermine a two-state solution in Israel's conflict with Palestine. More>>

ALSO:

US Indigenous Affairs: How President Obama Has Protected Our Sacred Land

I am very proud to be both Navajo and American. As the President of the Navajo Nation, I’ve dedicated my life to ensuring that, as a Navajo, my story -- and our stories -- are part of our collective American history. Today, I want to share one of those stories with you. More>>


Binoy Kampmark: The Berlin Truck Attack And The Refugee Question

The hard-nosed neo-cons were certainly showing little interest in linking arguments, examining evidence, or even considering elementary logic in the aftermath of the Berlin truck attack near the Gedächtniskirche. With the bodies fresh in the morgue, former US ambassador to the United Nations, John Bolton, peered into the mind of the everyday German, and found teeth chattering fear. More>>

Demonetisation: Gordon Campbell On India’s Huge Socio-Economic Experiment

Without much coverage at all in the West, India has just been engaged for the past few weeks in one of the world’s biggest socio-economic experiments since the Cultural Revolution in China. More>>

Gordon Campbell: On The Death Of Fidel Castro

New Zealand likes to think we played our part – via the 1981 Springbok tour – in bringing the apartheid regime in South Africa to an end… Jacob Zuma treated the death of Fidel Castro at the weekend as an occasion to pay a heartfelt tribute to the thousands of Cuban soldiers who travelled across the world to inflict the first significant military defeat on the forces of white supremacy. More>>

ALSO:

Get More From Scoop

 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news