Summary
THE world's biggest banks and hedge funds could soon face a tax on their speculative deals, the head of the International Monetary Fund has warned.
Cash from the levy, which could rake in hundreds of billions of pounds annually, could even be used as a contingency fund for the world's poorest nations.See the full content of this document
Extract
Banks Face Tax to Help Poor Nations
'The financial sector is creating a lot of systemic risk for the global economy and it is just fair that such ...
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