InfoAnda - UN urges countries to impose global taxes to boost aid |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Kashmir trapped in 'cycle of violence': Abdullah | 3 August 2010
Shoot video on the ski slopes with camera goggles | 10 January 2010
Australia plans toadbuster tourism | 4 June 2010

Confident NY Fashion Week kicks off | 11 February 2011

Forum Views () Forum Replies ()

Read more with google mobile : UN urges countries to impose global taxes to boost aid |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Mormons quit church in mass resignation ceremony 30 Jun 2012 Three central banks take action in sign of alarm 3:29pm EDT Judge who shelved Apple trial says patent system out of sync 8:42am EDT In California, immigration bill designed as the "anti-Arizona" 04 Jul 2012 Japan's atomic disaster due to "collusion:" panel report 1:55pm EDT Discussed 255 In California, immigration bill designed as the ”anti-Arizona” 115 Insight: ”Green Fleet” sails, meets stiff headwinds in Congress 105 Scientists to unveil milestone in Higgs boson hunt Watched Scientists see dengue cure with antibody discovery 11:07am EDT Turkey releases new images of downed plane 1:35pm EDT 3XSQ: China cuts, BOE stimulus, ECB cuts 9:59am EDT Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Arafat's Legacy A look at the life and legacy of Palestinian leader Yasser Arafat. Slideshow Space odysseys From the scientists on the ground to stunning views from space, a look at man's continuing exploration into the final frontier. Slideshow UN urges countries to impose global taxes to boost aid Tweet Share this Email Print Related News France slaps 7 billion euros in taxes on rich and big firms Wed, Jul 4 2012 Analysis & Opinion Essential reading: Romney campaign and GOP at odds on healthcare tax, and more SCOTUS: What Congress can’t regulate, it can tax Related Topics Entertainment » Fashion » United Nations » UNITED NATIONS | Thu Jul 5, 2012 1:32pm EDT UNITED NATIONS (Reuters) - The United Nations on Thursday urged countries to impose international taxes to raise more than $400 billion a year, such as a carbon tax, a currency transaction tax and a billionaires tax, to offset cutbacks in aid by many countries amid global economic turmoil. The U.N. World Economic and Social Survey found the needs of developing countries were not being met, more money was needed to fight challenges like climate change and new taxes would help "donor countries overcome their record of broken promises." The United Nations has no authority or mechanisms to enforce an international tax and can only urge its 193 members to do so. The world body plays a marginal role in economic issues, which is the realm of the World Bank and International Monetary Fund. "Donor countries have fallen well short of their aid commitments and development assistance declined last year because of budget cuts, increasing the shortfall to $167 billion," the survey's author, Rob Vos, said in a statement. "We are suggesting various ways to tap resources through international mechanisms, such as coordinated taxes on carbon emissions, air traffic, and financial and currency transactions," he said. Some United Nations officials have made various global economic proposals such as replacing the U.S. dollar as the world's currency with IMF Special Drawing Rights, an idea that a number of countries have been pushing. One suggestion made in The World Economic and Social Survey was that regular allocations of IMF Special Drawing Rights and use of idle Special Drawing Rights could produce about $100 billion annually to buy long-term assets that would then be used as development finance. The survey also said a $25 per tonne tax on carbon emissions in developed countries - collected by national authorities but allocated for international causes - could raise an estimated $250 billion a year. Another $40 billion a year could come from a 0.005 percent transaction tax on the four main currencies, the U.S. dollar, euro, yen and the British pound. A tax of 1 percent on billionaires could also be explored, the survey said. "Realizing the potential of these mechanisms will require international agreement and corresponding political will, both to tap sources as well as to ensure allocation of revenues for development," Vos said. (Reporting by Michelle Nichols; Editing by Vicki Allen) Entertainment Fashion United Nations Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 6 July 2012
Long road ahead in U.S.-Pakistan ties after NATO deal |
Final Mexican results confirming Pena Nieto win |
Nervous Libyans ready for first taste of democracy |
Left, right criticize Humala over deadly Peru clashes |
Dry taps and open sewers: welcome to India's Millennium City |
Morality killing triggers fears and debate in Egypt |
Exclusive: News Corp's Miller, Hulu's Kilar on Yahoo CEO list-sources |
Microsoft stumbles into crucial financial year |
Proxy advisor withholds support for RIM board member |
Galaxy to power record $5.9 billion profit, but Samsung sweats over euro |
Emulex to pay Broadcom fees in partial settlement |
Contest may send rapper Pitbull to Alaska Wal-Mart |
Will & Grace star returns to TV in Perception |
Tina Fey turns rapper for Childish Gambino |
Rihanna sues ex-accountants, says she lost millions |
MGM files to stop production of Raging Bull sequel |
UN urges countries to impose global taxes to boost aid |
Defection cheers anti-Assad coalition at Paris meet |
Mexican vote recount confirms Pena Nieto win |
Laos denies pushing ahead with controversial dam |
Key Argentine Dirty War figures jailed for baby thefts |
Myanmar detains Thai villagers in unclear border area |
Samsung's Galaxy powers record $5.9 billion profit; euro a worry |
Microsoft stumbles into crucial financial year |
U.S. online job demand rises in June |
Virus could black out nearly 250,000 PCs |
Yahoo CEO search down to Levinsohn, Hulu's Kilar |
Taiwan HTC Q2 net lags forecasts as smartphone sales sag |
Seagate sees revenue below estimates |
U.S. album sales slump, digital rises in first-half 2012 |
Actor Andy Griffith's death caused by heart attack |
Iran blames France, Germany for atomic scientist assassinations |
Nervous Libyans ready for first taste of democracy |
Analysis: Combative leader a mixed blessing for Mexico's Left |
Russia rights groups fear crackdown as law changes |
Former Baader-Meinhof gang member jailed over 70s murder |
Fair Gaddafi trial in Libya impossible: ICC lawyer |
Sudan police teargas protesters after prayers |
UN talks, water matter most to Cyprus: minister |
Seven arrested in British anti-terrorism raids |
Media, tech deals may make comeback at Sun Valley |
Judge approves Netflix privacy settlement |
Berenberg cuts Cognizant, VMware to hold |
Sandvine posts wider-than-expected loss |
U2 bassist PA sentenced to seven years in theft case |
Woman admits smashing Simon Cowell's window |
Russia musicians make anti-Putin protest White Album |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01