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Germany's Chancellor Angela Merkel proposes the creation of a United Nations Economic Council

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Karlotta BahnsenJanuary 31, 2009

The World Economic Forum in Davos Switzerland is entering day four with Japan's Prime Minister Taro Aso set to announce a multi-billion-euro financial stimulus package for Asian countries. Among Friday's highlights at the gathering was an address from German Chancellor Angela Merkel calling for a United Nations Economic Council -- modelled on the UN Security Council -- to police the global economy.

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