Daily Archives: December 15, 2011

The eurozone after Cameron’s veto, and the Durban climate talks
Shawn Donnan, Ben Hall and Peter Spiegel discuss the eurozone crisis following Cameron’s treaty veto, while Clive Cookson talks to Pilita Clark about the outcome of the Durban climate change talks.

A fairly extraordinary attack by Christian Noyer, the head of the Bank of France, on the credit-rating agencies and on Britain’s AAA rating seems to confirm what Le Monde was saying last night – a French downgrade is on its way.

It’s all pretty grim, even if you are sitting smugly on the other side of the channel. So it is nice to find something to laugh at. This comment from Tom K beneath the FT’s story on Noyer’s comments, made me laugh: ‘your mother is a ‘amster and your father smells of elderberries’ :-)) I fart in your general direction
life imitates art…

Normally I disapprove of quoting Monty Python. But I think it’s fair enough in this case. Read more