Monday, October 05, 2009

No place for Gordon at Obama's top table

From the Daily Mail

Britain faces being sidelined from a new elite club of economic powers being set up by Barack Obama.

The U.S. president wants to establish a top table of powerful countries called the Group of Four to take key economic decisions for the world - but Britain would not be invited to attend.

It would see this country's influence in the world diminish yet further. And it would be a huge embarrassment for Gordon Brown, who has claimed his actions have helped bring countries out of recession following the financial crisis.

Plans are at an early stage, but it is believed the G4 would comprise the U.S., Japan, China and a representative of the Eurozone. (Missing the point deliberately. Since the Irish capitulated against the Power of the Eurozone, Britain is no longer relevant. The media know this but gloss over it to continue with its Mind Control Exercise ~ making it look to the average Brit that there is still a country in existence and not merely a Province of Europe. Britain's London City State is still the Financial Point of the Trident of Power but it must look as though Europe now holds the Financial reins rather than London.)

If the plans go ahead, it would mean the UK being excluded from economic summits for the first time since the mid-1970s, when the last Labour government was forced to go 'cap in hand' to the IMF.

Is is especially embarrassing for a Prime Minister who presided over Britain's economy since 1997 and used to pride himself on his economic mastery.

Mr Darling attempted to fight off the proposals in Istanbul at the weekend, at a meeting of the IMF, the World Bank and the seven largest economies.

Playing down the significance of the G4 plans, he told the Mail on Sunday: 'This notion has been around for a fairly long time. You can not stop groups of countries talking to each other. Britain does this itself. But we don't put a "G" in front of it.'

A spokesman for the Treasury said:

'There are lots of different international groups and lots of ideas about forming such groups.

'The UK takes the lead in all the international groups and is a member of all the important ones.' He said the creation of the G4 was a 'massive if'.

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