Breakfast (and climate change megabucks) with George Soros

admin - December 16, 2009

Last week George Soros was passing through London and invited a bunch of NGO types for breakfast at his very nice house in South Kensington. (In case you’re interested we all got sticky pastries, but George made do with grapefruit and muesli). He was en route to Copenhagen to launch his big new idea – using the IMF to pump prime global funding for climate …

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I’ll see your trillion and raise you another one: how big a bailout does the developing world need?

admin - March 5, 2009

Talk of mere billions is for wimps these days. I’ve just read two proposals for ‘big numbers’ on bailouts to help developing countries get through the global economic crisis, one from the World Bank’s chief economist, Justin Lin, and the other from Washington thinktank CGD’s Nancy Birdsall. Nancy’s paper,  entitled ‘How to Unlock the $1 Trillion’, reckons ‘as much as $1 trillion would make sense’, …

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