Monday
Oct062008
Today at Talk Radio News
Monday, October 6, 2008 at 9:11AM
Pentagon Correspondent Dawn Casey will attend Secretary of Defense Robert M. Gates's honor cordon to welcome Denmark's Minister of Defense Soren Gade. Legal Affairs Correspondent Jay Goodman Tamboli will cover the Supreme Court arguments in Altria v. Good dealing with lawsuits against tobacco companies. The Washington Bureau will also be covering the House Oversight and Government Reform Committee's hearing on "The causes and effects of the Lehman Brothers bankruptcy," a discussion at the Woodrow Wilson Center on "North Ossetia's geopolitical entanglements," a protest by Vietnam veterans and Vietnam's victims of Agent Orange to have the Supreme Court consider their lawsuit against chemical companies, a discussion at the Institute for Policy Studies on "War, peace, and the 2008 presidential race," the American Enterprise Institute for Public Policy Research's discussion on "Beyond Georgia: Securing America's allies on Russia's periphery," and an address by World Bank Group President Robert Zoellick on "Development and the implications from the global financial crisis."
New direction for world economy
"Our's must be a globalization where both the opportunities and the responsibilities are more widely shared...multilateralism, at its best, is a means for solving problems among countries, with the group at the table willing and able to take constructive action together."
Zoelick outlined requirements for the new multilateralism, explaining that it must have a shared goal of improving global political economy and should mimic the flexible nature of national economies.
According to Zoelick, a new, more cooperative, steering committee made up of finance ministers should be introduced to replace the current G7 finance ministers. Zoelick said that this steering group will be designed to adjust with international changes.
Climate change will also be a concern for the new multilateral network, with the proposed goal of reaching a "global bargain" among energy producers and consumers.
"At a minimum, such a bargain should involve sharing plans for expanding supplies, including options other than oil and gas; improving efficiency and lessening demand; assisting energy for the poor; and considering how these policies relate to carbon production and climate change policies," said Zoelick.