Friday, October 26, 2007

ECN 10/26/07

Europeans Criticized for Attaching Strings to Use of Forces in AfghanistanBy Patrick GoodenoughCNSNews.com International EditorOctober 26, 2007(CNSNews.com) - Australia on Friday joined the U.S. in criticizing some European countries for attaching restrictions to how their troops taking part in NATO-led operations in Afghanistan can operate.Foreign Minister Alexander Downer said European parliaments should lift restrictions -- known as "national caveats" -- they have placed on deployment, to allow their countries' troops to operate in the more dangerous southern area of the country.

Paris suggests EU tax on imports from non-Kyoto states
26.10.2007 - 09:37 CET By Lucia KubosovaFrance has thrown its support behind a European Commission idea to tax environment polluters and also urged Brussels to consider EU levies for imports from non-Kyoto countries, such as the US and Australia.

Why not expanded it to all non compliant countries? Oh that right then they would have tax everybody including themselves.

'US Unilateralism Is Risky and Unnecessary'
Rather than wait for the UN to agree on sanctions against Iran, Washington has decided to go it alone, imposing tough unilateral sanctions on the mullah regime. German commentators on Friday are divided on whether the move will have the desired effect.
The US seems to have run out of patience with the international community on Thursday, opting to impose sweeping sanctions against Iran on its own rather than wait for China and Russia to sign up to tougher United Nations measures.

Everyone with half a brain should know that China and Russia will never make things tougher on Iran. It looks like at least Germany may be looking to join or at least not oppose the India, China and Russia gambit in the King of Mountain worldwide match.

Europe's economies feel unease after summer's credit crisis
By Mark Landler
Published: October 25, 2007
FRANKFURT: Europe, which once hoped to avoid major fallout from the credit crisis last summer, is now feeling an autumn chill of slackening economies and warnings of further market upheaval.
The ill tidings came in several European capitals on Thursday: from a reduced growth forecast in Germany to a report by the Bank of England, which said financial markets were still vulnerable to shocks from the crisis that originated in the American home-mortgage market.