Wednesday 27th of November 2024

look at me, look at me .....

look at me, look at me .....

Gordon Brown's key role in heading off a global financial crisis was challenged last night by the French President, Nicolas Sarkozy. 

The two leaders jostled for position at a European summit in Brussels amid tensions between them over who should get the credit for the landmark decision by governments around the world to take stakes in ailing banks. 

Mr Brown has won international praise for his Government's decision to spend £37bn on buying shares in British banks, a move which EU nations and the United States later copied. 

But M. Sarkozy, whose country holds the EU presidency, appeared to claim ownership of the rescue plan. He told the summit: 'For the first time in financial history, it is plans worked out in the EU which have inspired the measures taken in other countries of the world, including the US. Europe has shown leadership in dealing with the crisis and I welcome this.' 

Sarkozy Muscles In On PM's Glory

sub-rattle calls for the panel-beater...

A Royal Navy nuclear submarine was involved in a collision with a French nuclear sub in the middle of the Atlantic, it has been reported.

It is understood HMS Vanguard and Le Triomphant were badly damaged in the crash earlier this month.

Despite being equipped with sonar, it seems neither vessel spotted the other, the BBC's Caroline Wyatt said.

The UK's Ministry of Defence is not commenting on the reports, but insisted nuclear security had not been breached.

Our defence correspondent said HMS Vanguard, with "very visible dents and scrapes", had to be towed back into its home base at Faslane on the Firth of Clyde. The submarines were both "seriously-armed", she also said.

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One of Britain's four Trident submarines is always out there, somewhere under the Atlantic, carrying more destructive power than was unleashed in the entire campaign of World War II.

It moves through the deep: silent, undetectable, untouchable.

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"silent, undetectable, untouchable". Crash... oops!! Two out of three's not bad...

A bit like the Russian and US satellites crash a few days ago... This encounter created more junk space than exists on the scrapheap challenge location... Both spy sats? The US one was a "civil" privately-owned communication tin-can, but my guess is that it was subcontracted to the CIA or similar agency in parts or whole...

Who knows.