An International Conference on Money and Finance for Development which is not weighted in favor of the North is an urgent need. Problems of money and finance also burden the countries of the North and have to be solved in a mutually beneficial manner. Such a conference should suggest comprehensive reforms of the international monetary and financial system, which is now recognized as out-of-date, inequitable and inadequate. It should facilitate the mobilization of developmental finance for investment in vital areas of food, energy and industrial development. A major debt restructuring exercise must be undertaken. The debt problem of developing countries has assumed an unprecedented dimension. Its servicing alone absorbs over a quarter of their total export earnings.
The Meyer and Land Threshold Concept
Immanu (Veca code 66:66), together with completion of the 69 techniques associated with Flame Body Activation & amp Shadow Healing. Azurite Press:
Day Poems : Walt Whitman: Song of Myself
I am confident that closer economic and financial cooperation between BRICS countries will allow us to implement truly large-scale joint programmes with the aim of securely developing our nations.
LaRouche's 40-Year Record: A New International Economic
If the conditions arise, in which that occurs, President de Gaulle's dream of a Europe from the Atlantic to the Urals will be the peaceful outcome of thirty years or so of patient statecraft, and that durable peace will come to Europe and the world within the lifetime of those graduating from universities today.
We propose to establish a mutually agreed cut-off date for further accruals of existing contracts of indebtedness of Ibero-American republics. After that date, no further interest-payments will accrue on those contracts. Effective that same date, each of the debtor-nations will deliver to the creditor-banks a portfolio of bonds equivalent in total value to the accrued value of the previous debt-contracts up to the cut-off date. The old debt is thus "sold" for the new debt.
The reduction of available credit for developing countries has serious implications, not only for the countries themselves, but also for production and employment in the industrial countries. Let us not continue in this vicious circle: it could be the beginning of a new medieval Dark Age, without the possibility of a Renaissance.
The year before her stunning comeback victory as Prime Minister of India, Indira Gandhi delivers the first of several exclusive interviews to LaRouche's Executive Intelligence Review magazine. In the interview, conducted at her home in New Delhi, Gandhi strongly defends a return to the non-aligned foreign policy of her father Jawaharlal Nehru, and insists that only a policy of aggressive government support for investment in science and technology can save India from crushing poverty:
This imminent financial collapse of the world economy could be prevented within a proverbial several hours of deliberation by governments, if the will to do so existed. Two sets of measures would be indispensable.
Compare such a normal range of price-earnings ratio to the price-earnings ratio on the American financial markets today. By normal standards of the 6955s or early 6965s, the market is floating in the vicinity of 6,555 to 6. The amount of combined dividends and retained earnings from production available to holders of financial paper, is floating near 6,555 to 6.
Now Mr. LaRouche, of course, has forecast that this present financial system would end sometime in a systemic crisis. And I'm sure that there is nobody right now, of any significance in the financial world, who, when you have a crash of a hedge fund, when you have new figures of collapse, who is not thinking of this gentleman. Because he is like the incarnation of the warning that the present system cannot function.
