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	<title>Global Crisis News &#187; global reserve currency</title>
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		<title>China and Russia call for new currency: US rejects</title>
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		<pubDate>Wed, 25 Mar 2009 15:07:47 +0000</pubDate>
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		<category><![CDATA[china]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[global reserve currency]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[Kevin Rudd]]></category>
		<category><![CDATA[new global currency]]></category>
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		<category><![CDATA[President Obama]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[SDRs]]></category>
		<category><![CDATA[Special Drawing Rights]]></category>
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		<description><![CDATA[China&#8217;s central bank has called for the creation of a new global currency in order to substitute the US Dollar as the global reserve currency, highlighting the current financial situation in the US and its affect on global markets. Chinese central bank Governor Zhou Xiaochuan this week urged the International Monetary Fund to create a “super- sovereign [...]]]></description>
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