Angela Merkel, the German chancellor, and Nicolas Sarkozy, the French president, will throw down the gauntlet today by staging a joint press conference in London demanding the G20 summit usher in a new era of global regulation of banks, executive bonuses, hedge funds and
offshore tax havens.
In what will be seen as a challenge to Obama, they will also insist nobody at the summit should discuss a fresh stimulus package, despite a report from the Organisation for Economic Co-operation and Development that "world trade is now in freefall".
Blog Smith is inspired by the myth of Hephaestus in the creation of blacksmith-like, forged materials: ideas. This blog analyzes topics that interest me: IT, politics, technology, history, education, music, and the history of religions.