Thursday, 3 November 2011

World News Briefs -- November 3, 2011




Obama Meets With Sarkozy, Merkel As G-20 Tries To Solve Greek Debt Crisis -- McClatchy News

CANNES, France — Warning that the "most important" task for world leaders gathered here is to find a way to resolve Europe's financial crisis, U.S. President Barack Obama huddled privately Thursday with French President Nicolas Sarkozy and German Prime Minister Angela Merkel on his arrival at the G-20.

Obama met with the two European leaders before the summit opened, hoping to find a fix to a surprise stumbling block: Greek Prime Minister George Papandreou's decision to ask voters to approve a Euro-crafted deal to stabilize the Greek economy. The package calls for several years of austerity measures for his country — which European leaders say it's got to be done to save the Eurozone.

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