THE SMART NEWS SOURCE | Feb 10 2012 16:29 | LAST UPDATED Feb 10 2012 16:29 |
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EU summit edges towards new eurozone treatyGermany's Chancellor Angela Merkel appears to be getting support on the fiscal compact, but is left increasingly isolated over Greece. Mr Ordinary tops French election pollsFrancois Hollande close to becoming France's first Socialist president since Francois Mitterrand. France slammed by Human Rights Watch over spot checksHuman Rights Watch have slated French police for allegedly singling out black and Arab men for random checks as part of a new crime fighting policy. S&P rating darkens Sarkozy's re-election prospectsStandard & Poor's decision to lower France's credit rating will help outsiders in the presidential election, making it bad news for Nicolas Sarkozy. Cameron to block EU-wide financial transaction taxBritish Prime Minister David Cameron will block attempts to introduce EU-wide financial transaction tax based on fears of harming jobs and prosperity. The second coming of the recessionEuropean leaders were confronted this week by the ugly prospect of a second recession in three years. Eurozone's weak manufacturing output spells slide to recessionA lack of confidence among investors in the prospects for the eurozone has pushed the value of the euro down against the US dollar and the yen. A cold dawn for EuropeAs a clear damp dawn rose over Brussels on December 9, the tired and tetchy leaders of Europe emerged bleary-eyed. Eurozone wrecks SA prospectsEurope, South Africa's dominant trading partner, could drag our growth down with it, writes Sharda Naidoo. Eurozone pact fails to restore market confidenceA European summit deal to strengthen budget discipline in the eurozone failed to restore financial confidence, forcing the ECB to step in again. |
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