The world's top economies need to create a $100 billion fund to stimulate global trade, AP quoted British Prime Minister Gordon Brown as saying today. Visiting Brazil as part of a three-continent tour to drum up support for a coordinated global economic plan, Brown said the world's richest nations, along with multilateral lenders and the private sector, must act immediately to turn back the global crisis. «We need a transfusion of capital into the global economy,» Brown said. «I'm going to ask the G20 summit next week to support a global expansion of trade finance of $100 billion to help revive trade in all parts of the world.» Brown offered no details on the plan, but said the $100 billion figure was the «minimum we need to kick-start trade in the next months.»
