Tuesday, Oct 13th

Last update03:14:39 AM GMT

You are here News International Europe and Japan turn cold shoulder to U.S. plea for bank bailouts

Europe and Japan turn cold shoulder to U.S. plea for bank bailouts

E-mail Print PDF

The German chancellor, Angela Merkel, also took the opportunity to sharply criticize the United States and Britain for opposing German attempts to put greater regulation, or at least reviews, of the financial sector on the international agenda last year, when she was chairing the Group of 7 industrialized nations.

"Everyone who produces a real product knows what it looks like and what standards it is up to," said Merkel, who was traveling in Austria. "One also needs to know with a financial product what's involved. Otherwise, these sorts of things happen that we then all have to pay for."


Most Recent Related Stories...

Mother Teresa Charity Stops Adoptions to Single and Divorced People

Mother Teresa nunsThe Missionaries of Charity does not feel single and divorced people offer stable homes for orphansThirty...

Hundreds of thousands protest in Berlin against EU-U.S. trade deal

TPP protests BerlinHundreds of thousands of people marched in Berlin on Saturday in protest against a planned free...

Pregnant woman, child killed in Gaza by Israeli airstrike

Gaza deathsAn Israeli airstrike killed a pregnant Palestinian woman and her 2-year-old daughter in Gaza Sunday, a...

Palestinians stab Israelis in 2 Jerusalem attacks

palestinian dathPalestinians carried out two stabbing attacks in Jerusalem on Saturday before being shot dead by police,...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!