20 April 02:15 AM
Since next Friday till next Sunday the meeting of the heads of tax authorities from the countries of the "Big Twenty" will be held in Washington. Major issue to be discussed is the possibility to expand the resources of International Monetary Fund, the necessity of which was pronounced by IMF Managing Director Christine Lagarde on April 04, 2012 in her appeal to industrial countries. IMF empowerment is stipulated by the necessity to resist crisis developments, including the ones in eurozone.
In general, the participants of the forum have given the appeal preliminary support. "We have been promised to receive over 316 billion dollar. And I believe that the final sum will be even larger," said Christine Lagarde during her speech in Washington.
Not all participants, though, are easy to come to terms with. For example, Russia, China, and Brazil have agreed to donate funds, but only in exchange for additional votes in the framework of IMF. Canada has absolutely refused to take part in the rescue of Europe, explaining that European Union has enough means to settle crisis developments.
Technically, the actions of EURUSD currency pair at FOREX market may be called moderate content with news. The pair has not yet finished the rising correctional structure h1-h4, where wave "С" continues. According to the System of Early Prediction Sub-department of Masterforex-V Trading Academy, points 1.3179 and 1.3270 are the targets of the uptrend.
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The basic European cash has indicated moderate development to the dollar in the previous week. Upward development of the euro helped the positive improvements out of the euro zone and the disillusioning the USA budgetary information. Upwards movement on Friday remained at 1.3713 close to the level of the turn MF.
Administration of Canada has ceased the presentation of the system for the natives to reserve outside speculations. Consistent with facts, this project is earnestly utilized by the well-off nationals of China.
Jim Flaherty, who served as fiannce Minister in the legislature of Canada, throughout his discourse to the Parliament of Canada in Ottawa, spoke about the undoing of the system, Immigrant Investor Program. Fund Minister investigated the nation's plan for 2014.
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