European Central Bank President Jean-Claude Trichet said on Thursday he did not think the United States was actively trying to weaken the dollar by printing money, despite criticism from emerging economic powerhouses.
German Economy Minister Rainer Brüederle from the liberal FDP blasted the United States monetary expansive policy which is geared to prop the declining US economy with strong liquidity injections.
Asia and Latinamerica emerging economies anticipated that they would be implementing new measures to limit the inflow of capitals following on the United States Federal Reserve announcement that it would pump more liquidity into the faltering US economy.
New Spanish Foreign Minister Trinidad Jiménez has declared that her objective in respect of Gibraltar is “to generate enough confidence to renew bilateral talks about Gibraltar’s sovereignty with the British Government.”
The World Bank has raised its growth forecasts for the Chinese economy. However the bank warns of risks from the surging property market and bank lending.
Elements of the British press have expressed concern that despite close political ties at present, a 50-year military treaty with France could jeopardize Britain’s ability to react independently, for example in the Falkland Islands, according to France 24-International News which makes a summary of the British press reactions.
The incident occurred in the House of Commons and involved UK Defence Secretary Liam Fox and Labour MP Thomas Docherty, as was reported by James Kirkup in the Daily Telegraph.
China’s sovereign wealth fund has urged the Obama administration to spend 1trillion US dollars on infrastructure over the next five years, to create jobs and improve US competitiveness.
After years of political division, Europe's two biggest military powers have come together to sign a historic defence-sharing agreement.
It was a tight squeeze for a giant new cruise ship sailing from Europe to its home port in in Fort Lauderdale, Florida, over the weekend.