France, Brazil to propose system of world governance

[NewsWhore]

French President Nicolas Sarkozy and his Brazilian counterpart Luiz Inacio Lula da Silva said Wednesday that their countries were preparing a proposal for a new world governance to prevent future economic crises caused by a lack of regulation.

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/484845/cs/1/)