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2012-05-20
Presidents Obama And Karzai Outline Post-2014 Afghanistan Vision At NATO Summit

Montana Wins States' Backing Over Citizens United Legal Fight

'Life Over War': U.S. Veterans Return Medals At NATO Summit

Euro-Zone Crisis: U.K. Prime Minister Cameron's Warning To Greek Voters

Chen Guangcheng's Family And Friends 'Still At Risk' In China

Nationalist Wins Serb Presidential Run-Off Election

Convicted Lockerbie Bomber, Abdelbaset al-Megrahi, Dies

Update: Italy Earthquake Kills 5 And Destroys Centuries Of History

President Obama Touts 'Emerging Consensus' On Reviving Europe

Presidents Obama, Hollande Help Tilt G-8's Balance To Stimulus

The Age Of Extreme Oil - 'This Used To Be A Forest?'

Germany Isolated Over Euro Crisis At G-8 Meeting In Chicago

Scientist Who Championed 'Gay Cure' Admits He Was Wrong

At Least 3 Dead As 5.9 Magnitude Earthquake Rocks Northern Italy

Protesters Set Stockades Ablaze In Busy Montreal Streets

2012-05-19
G-8 Leaders End Summit With Pledge To Keep Greece In Euro Zone

President Obama Takes Republicans To Task Over 'Battle' Against Wall Street Reform

Prosecutors: Three NATO Protesters Planned Attack On President Obama's Campaign Headquarters

1 Girl Killed, 7 Injured In Bomb Attack On Italian School

Syrian Car Bomb Kills Nine, Injures Hundreds

Chen Guangcheng Arrives In U.S. But Fears For Family's Safety

SpaceX Dragon To Launch This Morning At 04:55am EDT

Iran, Syria Among Top Issues For G-8 And NATO

Millennia-Old Microbes Found Alive In Deep Ocean Muck

Chen Guangcheng Says He And Family Are Set To Leave For U.S.

ScienceWonkblog - Radioactive Smuggling

Secrecyblog: NSA Declassifies Secret Document After Publishing It Online

Canada's Harper Government Shuts Down Green Business Advisory Agency

Annular Solar Eclipse Viewable From U.S. On Sunday

Unemployment Update - May 2012


The Hard Sell - Merkel Seeks Euro-Zone Investment From Beijing
2012-02-02 05:41:06 (16 weeks ago)
Posted By: Intellpuke

Many in Europe have been eying Beijing's trillions as a possible solution to the continent's debt crisis. During her trip to China, German Chancellor Angela Merkel plans to promote investments in the debt-ridden euro-zone countries. But the Chinese have so far been tight with their money. Will Merkel succeed in getting Beijing to bend?

The caricature of the euro shows a small and ailing little man -- unshaven, bandaged and weak, his eyes peering down at the ground in humility and carrying an old hat in his right hand to collect money. Angela Merkel, who is accompanying this sad creation, looks serious as she knocks on the imperial gate seeking entry -- and to plead for a small handout for her problem child.

The picture created by a caricaturist for China's English-language Global Times newspaper isn't a very nice one. But there is a nugget of truth in the exaggerated image. Merkel isn't exactly going to be begging when she begins her three-day visit to China on Wednesday, but neither will she be opposed to leaving the country with one or more deals bringing multi-billion Chinese investments to the debt-plagued euro zone.

This is Merkel's fifth visit to China, with relations intensifying considerably in recent years. This time, however, German government officials have said they are "extremely pleased with the timing" because the trip is taking place just after the most recent European Union crisis summit, where a pact for stricter budget discipline in Europe was agreed, which Merkel touted as a "masterpiece." The chancellor now wants to explain the pact to the Chinese "first hand," say officials in Berlin. According to government sources, the chancellor, who also heads the conservative Christian Democratic Union (CDU) party, wants to report to Beijing on how Europe is moving down the path toward a stability union. "It is important to foster confidence in the euro zone," said the official.

(story continues below)




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