Source Pravda.Ru

Britain To Support Europe's Efforts to Control Debt Crisis

David Cameron, Britain's new prime minister, said Thursday his government will support the eurozone's efforts to control its debt crisis, but that he's glad his country uses the pound, not the euro, as its currency.

On his first overseas trip since being elected, Cameron met French President Nicolas Sarkozy for a working dinner at the Elysee Palace in Paris. On Friday, Cameron travels to Germany for talks with Chancellor Angela Merkel, The Associated Press reports.

Sarkozy stood up for the currency. "I'm among those who believe that, united, one is stronger than isolated," he said. "It's a political choice." He called the euro a success, noting that "in a little time, it has become the world's second currency."

Cameron called for the European Union to address its budget deficits. "This is not an alternative to economic growth; we think it's an important part of getting that economic growth," he said. "The greatest risk, I believe, to our economies is inaction on our deficits.", CNN informs.

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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