financial crisis.and argued for tougher control of the international economy, opening up a potential split with the United States on ending the
Merkel said a UN economic council based on the UN Security Council may have to be created to police the global economy, while Brown said his “shared revolution” would strengthen current international institutions.
Both proposals went counter to US ideas rejecting any global enforcer. At a Group of 20 summit in November, Washington fought for national regulators to take precedence.
Brown and Merkel set out the case for greater international control at the in Davos, both looking forward to a new on the crisis to be held in London in April.
The, his concentration broken by his own mobile phone ringing during a press conference, called for “a shared revolution in common action to deal with real problems.”
Germany Calls U.S. Auto Bailout “Protectionism”