Global News Journal

“I told you so!” Merkel tells U.S., Britain

September 22, 2008

German Chancellor Angela Merkel delivers a speech to members of her conservative Christian Democrats in Berlin, September 22, 2008. Wage gains in Germany have been moderate in recent years, and this will likely remain the case, Merkel said on Monday. REUTERS/Tobias Schwarz

German Chancellor Angela Merkel sent a clear “I told you so!” to the United States and Britain at the weekend, criticising them in unusually frank terms for resisting measures that might have contained the current financial crisis. The conservative leader of Europe’s largest economy reminded her partners that she had pushed for steps to boost the transparency of hedge funds during Germany’s presidency of the Group of Eight last year. ”We got things moving, but we didn’t get enough support, especially in the United States and Britain,” she told the Muenchner Merkur newspaper. Merkel expanded on her point in a speech in Austria, suggesting that both Washington and London were only now coming around to her view.

What should a minister’s wife do in Greece?

September 11, 2008

The heir to one of Greece’s most distinguished political families, Prime Minister Costas Karamanlis, helped his conservative New Democracy party sweep to power in 2004 by convincing Greeks tired of decades of socialist graft that he would clean up Greek politics.

Big Bang experiment – the end of the world as we know it?

September 10, 2008

Scientists said they simply didn’t know what surprises might emerge when they started up the Large Hadron Collider, the world’s biggest and most complex machine which until Wednesday lay benignly in its underground home on the outskirts of Geneva. 
                                                    Scientists look at a computer screen at the control centre of the CERN in Geneva September 10, 2008. Scientists at the European Organisation for Nuclear Research (CERN) started up a huge particle-smashing machine on Wednesday, aiming to re-enact the conditions of the “Big Bang” that created the universe. REUTERS/Fabrice Coffrini/Pool (SWITZERLAND)                                                        
Perhaps crashing together millions of particles at close to the speed of light would replicate the conditions just after the Big Bang that created the universe.           

Can the Caucasus flames be controlled?

August 11, 2008

ossetia.jpgThe Caucasus tinderbox is alight again. How far will the flames spread this time and what can the outside world – the United States, the European Union, NATO – do to extinguish them?

Italy sends in troops, but why?

August 6, 2008

“Should I wait until she’s finished?” asks a soldier from an Italian Alpine regiment, in their distinctive feathered Tyrolean-style hat, to her police colleagues as they patrol an area of Turin notorious for addicts known as “Toxic Park” and see a woman shooting up.