France and Spain push for tax to help world's poor: "Spain called for a tax on global capitalism yesterday, telling the opening day of a UN summit on development the recession has made 'innovative financing' essential to help the world's poor.
Nicolas Sarkozy, the French President, and Jose Luis Rodriguez Zapatero, the Spanish Prime Minister, spoke after Ban Ki-moon, the UN Secretary General, called on rich countries to 'not balance budgets on the backs of the poor.'
Canadian activists said Mr. Ban's request applies directly to the Canadian government's intention to freeze foreign aid next fiscal year as a deficit-reducing measure.
While the leaders of several developed countries have pressed the idea of launching a global finance tax before, speaking about it anew at such a widely attended summit gives it added weight.
'We can decide right here -- why wait?' said Mr. Sarkozy."
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