This from the BBC website:
“Britain will contribute to a new World Bank fund for the poorest countries, Gordon Brown is expected to confirm on Monday.
The fund calls on the richest nations to finance it with 0.7% of the money they have used to bail out the banks.
The prime minister will address a two-day conference in London a month ahead of the G20 summit of the world’s biggest economies.”
The Prime Minister’s constant attention to the international dimension of this crisis – as typified by his trip to America last week, this latest conference, and April’s G20 meeting in London – may well put him in his comfort zone, and it may well be part of Downing Street’s great survival strategy. But, as I wrote last week, there’s a real risk that it turns out to be alienating. Not only are British people concerned more with their domestic plight – with unemployment, bankruptcies and repossessions – but giving aid to other countries (and 0.7
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