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."
Europe and Japan turn cold shoulder to U.S. plea for bank bailouts
Thousands of activists from around the world are expected to descend on Egypt on Thursday...
Russia has returned the bodies of 1,200 Ukrainian soldiers to Kyiv, marking one of the largest...
Air raid sirens have sounded across Israel as Iranian missiles struck the country in retaliation for...
