G8 concluded with a statement that stresses taking consorted approaches toward the world problems. It includes the following:
G8 summit at Camp David ended. President Obama had a meeting with the German Chancellor Merkel right after the meeting. Could it mean she has to be convinced, that German taxpayers are to pay for 'the growth'? In the press conference, President Hollande reportedly answered the question from the reporter that the Chancellor was not isolated.
Another report says that President Hollande said he is to bring up the Euro bond issue at the EU summit. For the issuance, Chancellor Merkel has demanded to have more oversight over the fiscal policies of the nations for the issuance of new bonds. Could it be manageable? Look at the above graph shows the long-term interest rates of Euro countries. The irresponsible US stance over EU nations corrupted the politicians there and collapsed their economies.
We continue to have deep concerns about provocative actions of the Democratic People’s Republic of Korea (DPRK) that threaten regional stability. We remain concerned about the DPRK's nuclear program, including its uranium enrichment program. We condemn the April 13, 2012, launch that used ballistic missile technology in direct violation of UNSC resolution. We urge the DPRK to comply with its international obligations and abandon all nuclear and ballistic missile programs in a complete, verifiable, and irreversible manner. We call on all UN member states to join the G-8 in fully implementing the UNSC resolutions in this regard. We affirm our will to call on the UN Security Council to take action, in response to additional DPRK acts, including ballistic missile launches and nuclear tests. We remain concerned about human rights violations in the DPRK, including the situation of political prisoners and the abductions issue.
Long-term interest rates of Euro countries, 1993-2012 |
Another report says that President Hollande said he is to bring up the Euro bond issue at the EU summit. For the issuance, Chancellor Merkel has demanded to have more oversight over the fiscal policies of the nations for the issuance of new bonds. Could it be manageable? Look at the above graph shows the long-term interest rates of Euro countries. The irresponsible US stance over EU nations corrupted the politicians there and collapsed their economies.