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Thu 11 Nov 2009Tax on speculative trading a great way to raise billions
The ‘Tobin tax’ first mooted decades ago is gathering support, both for the money it would yield and the effect it would have on markets, writes JOHN GIBBONS
BUDDY, CAN you spare a hundred billion euro? That’s roughly the amount that needs to be transferred annually to developing countries by 2020 to assist them in adapting to climate change and to developing low-carbon technologies.
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