The gloom in America is palpable. A recent poll suggested that only 16% of Americans now think the country is going in the “right direction”, as opposed to 77% who think it is on the wrong track. But who do Americans blame for this dire situation? The 2012 presidential election could turn on the answer to that question.
Welcome to the FT’s live coverage of the eurozone crisis. Curated by John Aglionby and Tom Burgis in London, with contributions from correspondents around the world. All times are GMT.
Another week, another crisis summit. A day after the Greek cabinet unanimously backed prime minister George Papandreou’s call for a referendum on the eurozone deal hammered out by European leaders last week, the global summit circus descends on Cannes, in southern France, for a (planned) gathering of leaders of the Group of 20 leading economies. Formal talks start on Thursday but key meetings are being held today, notably involving Mr Papandreou – who has been summoned to Cannes to meet Nicolas Sarkozy, the French president, and Angela Merkel, the German chancellor.
00.00 The witching hour seems an appropriate time to call a halt. Thank you for clicking. We shall be back in the morning.