The victory of the Socialist François Hollande represents the biggest popular rejection of the austerity program introduced in the European Union
The timing and the reasons for G20's failure give it a particular resonance which is likely to affect both global relations and domestic politics and policymaking from Beijing to Berlin via Washington.
China is in no mood to take lessons from anybody, be it Google management, the Treasury or State department in Washington or human rights campaigners.
By bringing China, India, Brazil and Saudi Arabia together with the leaders of the developed world to discuss the economic crisis, the summit provided a vivid manifestation of how globalised the world has become.
Buffeted by the worst recession in 50 years, the biggest and most successful pan-national venture of our time -- the European Union -- is in danger of unravelling. Playing a blame game, scared European governments seem ready to throw weaker members o
France backs the idea of "national champions" – rejecting Mittal. But then embracing the Russians whose energy is increasingly important for European economies. Being "true European" is apparently one of the reasons for partnership.
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