Press statement, November 3, 2011
International League of Peoples’ Struggle (ILPS) Commission 1
On Nov. 3-4, the heads of government of the largest imperialist powers led by the US together with the world’s largest emerging economies will gather at Cannes, France for the G20 (Group of 20) Summit. The meeting is part of the ongoing attempts of the imperialist powers to stem the still raging global financial and economic crisis that is now being characterized by the exploding public debt crisis in the US and several European countries.
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