August apathetic in the financial industry, because the EU is in recess, so that the Parliament in London, the rest is dominated by the school emptied its cargo childish back into the hands of mom and dad, who usually Schlepp in the city every day, but they retreated to the beaches and resorts.
August is now over and we move from the sublime to the ridiculous full devotion September summit at every step.
It begins this Friday with the G20 Pre-Summit meeting of finance ministers in London -. His boss (the president and prime minister) met in Pittsburgh to 24-25. September
G20 is rested after nearly a disaster of global banking collapse, but do not expect any declaration of recession during the week - if global financial leaders of the G20 believe that the economic decline of many to leave the loan to solve their masters in Pittsburgh (except If you are making a run at the prime minister or president of a job - keep an eye on Alistair Darling gave Brown the chop, if not win the forthcoming elections to the UK).
pre-match warm-up will only lay the foundation for the Main Event later this month, so I expect nothing more than sound bites and statements of hand wringing over how "We must do something to ensure this type of crisis never happen again, "a word in this sense. "Bankers" and "Bonus" will also be told the full and loud, contrasting with words like "Control", "Regulation", "tax", or worse, "Super-taxed." "Rules" will probably be said an awful lot, no matter what, probably along the lines of "If you are moving to regulate, if not moving, regulate it until !"..
The G20 Summit will be interesting to watch, as if the Obama home, intentionally moved from New York to Pittsburgh in a move that is both a pat on the back and a pug - Obama exposes Pittsburgh as an example of how an American Grade I turned around after 50 years of economic decimation. Nobody wants anything to give to Wall Street fat cats in the Big Apple (unless it's damn 'good thrashing, six top and pants down).
More than that, the G20 Summit is a showcase for the American president who is cementing its hold his claim that American Vox Populi - all those foreign holidays this year, Obama has been so their children could get exposed to more than McDonald's and Disney World, and this is an excellent opportunity for world leaders to his home turf and show Americans that global statesman and man of the people.
It will fail spectacularly, I have no doubt, but what will matter come from G20 is not something that worries me for a second-guess.
But wait. There's more!
IMF and World Bank are also opening its annual meetings in Istanbul, Turkey at the end of the month after the G20 (meeting does not begin until very early October, but the carnival will begin well before the big shots hit the city).
Add to these smaller meetings and have a local variety, exclusively for domestic consumption, with the TUC (Trade Union Congress of Workers) in Liverpool, but more importantly, the three main political party conferences. It's party conference Labour Party, Conservatives, and one other (I know they call the Liberal Democrats, or SDP or something, but this time they got off the pot, or translated into a significant share of their votes in the electoral gains at Westminster).
in September will be manic as we move from the sublime sound bites on the rabble-rousing, muck, raking, finger showing, bare knuckle partisan rhetoric politicals ... I can not wait!
In any case, expect a Prime Minister Brown to look seriously jet-lagged this month ... Or maybe he just looks that way all the time.
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