Since protestors against global capitalism caused destruction and damage in Seattle during the World Trade Organization meeting, hosting global economic summits has become an unenviable responsibility. The new wave of terrorism makes it outright dangerous. But the urgent need to talk in the face of a worrying simultaneous slowdown in the economies of the US, Europe, Japan and Asia prompted Canada’s finance minister, Paul Martin, to offer Ottawa as the site of this month’s mini Bretton Woods meetings.
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