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
The Israeli army has continued to attack various areas across the Gaza Strip, as troops carry...
California voters approved Proposition 50, according to the Associated Press.Prop. 50 asked voters to approve a...
A high-ranking Russian lawmaker claims his government recently sent Venezuela air defense systems and could provide...
Israel handed over the bodies of 45 Palestinians on Monday, the Red Cross said, a day...
