Friday, December 16, 2011

IMF’s Lagarde Says Europe Debt Crisis ‘Escalating’

to be read with my previous post...:

"(Dec. 16, spiegel) There is hope for a common approach of the UN Security Council against the Assad regime. Russia and China have abandoned their blockade and submitted theit own draft resolution. They condemn the violence in it for the first time the Syrian government.

New York / Washington - For months, have Russia and China prevented a condemnation of Syria in the UN Security Council. Now both countries are apparently still willing to put pressure on the regime of Bashar al-Assad to exert.The two veto-wielding powers of the UN Security Council have instructed late on Thursday a new draft resolution to the conflict in Syria. "The draft is to stop the violence in Syria and help the country continue to carry out political reforms," ​​said Russian Ambassador Vitaly Churkin UN." LINK, LINK

"Dec. 15 (Bloomberg) -- The European debt crisis is growing to the point that it won’t be solved by one group of countries, Christine Lagarde, the managing director of the International Monetary Fund said today. Lagarde said that if countries don’t work together, the world will face a situation similar to the 1930s, before the world slid into World War II..." LINK

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