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
Israeli airstrikes killed 15 Palestinians in Gaza early on Friday, while a hospital said another 20...
An 83-year-old retired priest has been arrested for defying a newly enforced ban on pro-Palestinian group...
Musicians Pani and Sebastian Enequist sport once-suppressed Inuit face tattoos, hunt seals for food in remote...
