Financial Post/Reuters: France's Macron calls for agreement on financial aid to Africa
PARIS — French President Emmanuel Macron called on Thursday on G7 nations to find an agreement as part of efforts to reallocate $100 billion in International Monetary Fund (IMF) special drawing rights to African states.
Macron told a news conference he would like the sale of gold reserves to help finance this planned aid for Africa. (Reporting by Sudip Kar-Gupta; Writing by Matthieu Protard Editing by Gareth Jones)
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Update: France's Macron Urges G-7 To Sell Gold Reserves To Fund Bailout For Africa (Zero Hedge)
WNU Editor: The African continent is one of the most corrupt places on earth .... Are African countries preventing corruption and prosecuting related crimes (Transparency International).
But we now have the French President talking about establishing a $100 billion dollar fund to bail them out by liquidating his own country's wealth!?!?!?! And that the other G-7 countries should do the same?!?!?!?
Insane is the word that comes to my mind right now.
