The IMF plans to reintroduce the so-called Tobin tax on the world's biggest banks and hedge funds. The money gained by this levy will be used to support poor countries. Strong opposition is expected from the financial sector, as it already faces high charges because of the credit crisis. But the IMF states that the banks should pay for the damage they have caused in the global economy.
Filip De Geyter
Source: Banking Times
1 opmerking:
S4: damage to
Clear and accurate account with good flow: well done.
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