Posted by: changholt | November 6, 2010

South Korea’s Lee Seeks ‘Peer Pressure’ on Currency Woes

South Korean President Lee Myung-bak said he was counting on “peer pressure,” not enforceable rules, to police any currency deal made among leaders at next week’s summit of the Group of 20 nations.

He also promoted a plan to largely eliminate tariffs and quotas on exports from the world’s poorest countries.

via South Korea\’s Lee Seeks \’Peer Pressure\’ on Currency Woes – WSJ.com.


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