Word: chancellor
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...summit, Japan backed calls by the U.S. for greater fiscal spending to combat the recession - moves opposed by leaders of several European countries including France and Germany, who fear that unchecked government spending will lead to rampant inflation. But Aso dismissed German Chancellor Merkel's caution about fiscal stimulus before heading to London. "The fact that he picked a fight with Merkel plays very well - like he's one of the big boys," says Gerald Curtis, a professor at Columbia University who has written extensively about Japanese politics. "He looks like a leader. Even though people are nervous about increasing...
...divisions between the U.S. and Europe. After his packed schedule at London's G20 summit, his day in Strasbourg seemed almost relaxed, and included an hour at a youth town-hall meeting, where he answered questions about issues such as climate change and African poverty, before meeting with German Chancellor Angela Merkel; the NATO summit itself is scheduled as a three-hour meeting on Saturday morning. At the press conference with Sarkozy, Obama limited himself to saying that "the more capability we see here in Europe the happier the United States will be, the more effective we will...
...President Obama and British Prime Minister Gordon Brown—fresh off his humiliating trip to Latin America—tussled with Sarkozy and German Chancellor Angela Merkel on the priorities of immediate stimulus versus regulation, Paramount Leader Hu Jintao quietly positioned China as the champion of the entire, unrepresented developing world. Meanwhile, President Lula da Silva of Brazil—the planet’s most popular politician, with an 80% approval rating—explicitly blamed the irrationality of white, blue-eyed beasts of prey for the financial crisis...
...believe some sources, the sherpas - the diplomats tasked with preparations for the meeting - have already done all the heavy lifting and the leaders have come together only to dot i's and cross t's. But after yesterday's dramatic double act by German Chancellor Angela Merkel and French President Nicolas Sarkozy, who summoned press to a swanky hotel in London's Knightsbridge to identify their own "non-negotiable red lines" to quote the French politician's martial phrase, nobody can confidently rule out last-minute spats. Indeed, although the concluding press conference has been scheduled for 3.30pm British...
...German Chancellor Angela Merkel, who with Sarkozy had insisted on banishing any Anglo-Saxon laxity from financial regulation, also expressed satisfaction at the conclusion of the summit, which produced not only a six-point communiqué but also two detailed annexes on how a tighter regulatory regime would work. But the key to success, Merkel added at her closing press conference, would be how those measures are implemented. "That's why I'm glad we've agreed to another G-20 meeting, to check our progress," she said. A date and venue for the next meeting have not yet been...