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
It was a routine online meeting with my academic supervisors during the summer. One of them,...
Force must be used to liberate South Lebanon because Israel will never be convinced to withdraw...
An Israeli drone attack on a cafe in the port area west of Gaza City on...
