There is a significant group of business lobbyists who are aiming for the goal of a single global market that exists independent of any single government. That would mean a global regulator and single currency that would trump an petty local concerns like labor laws, environmental laws and investment regulations.

But that is a really long term goal. It would take a long time to phase in, a powerful political force to push it through government world wide and a stable banking system to back it.

What they are talking about here is a new treaty to update the Bretton Woods rules for international banking.

Jay