Two-way Pressure On G20: Who Should Pay?
- June 26th, 2010
- Posted by Lee Duffield
COMMENTARY: “Who should pay out the deficits, following the financial crash of 2008?” is a keynote question for the G20 international economic summit this weekend, in Canada.
After billion-dollar government bail-outs of errant banks, protesting workers, right now in France and Italy, say it should not be them.
The incoming head of the international trades union movement, Australian Sharon Burrow, has added in a warning that the deficit cutting will stymie economic growth. … Read More »
Francesca Schiavone (picture) has become Italy’s first-ever women’s Grand Slam winner, in the French Open tennis, in Paris (5.6.10).
At the French Open tennis, Samantha Stosur has become the first Australian to reach the final in a Grand Slam event for thirty years, defeating the fourth seed , Serbia’s Jelena Jankovic, 6-1, 6-2, in an hour (3.6.10).
European Heads of Government meeting in Brussels (25-26.3.10) have approved a stand-by formula to support efforts by Greece to handle its debt crisis, involving both the IMF and EU member states. 
The chance of governments defaulting on their loan repayments has imperilled the Euro currency, with stock markets faltering and talk of intervention from Brussels. 
The Pope, who moved at Christmas to advance the claim to sainthood of the Australian, Mary MacKillop, turned his attention this month to violent rejection of immigrants, in Italy. 
Wildfires have returned to Southern Europe, with emergency crews battling large blazes in France, Greece, Italy and Spain, many of them on Mediterranean Islands.