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September 28 - October 4 2011
μWorld News PAGES 14-17
μComment PAGES 18-21
μObituaries PAGES 22-23
μExpat Life PAGES 29-32
London does denim Kate Moss, Mulberry and Burberry line up for Fashion Week
Help, we’re trapped in ravine The couple lost in the rainforest who phoned home for help
WORLD NEWS P15
A blow for peace Afghani moderate killed by ‘turban bomb’ at Taliban talks
When the markets get the fear Judith Woods talks to Robert Harris about his new thriller
15 11 32 33 37 39 10 16 29 34 37 47
Bonus Ball 28
Bonus Ball 31
There was one winner of Saturday’s £4.6m jackpot and one winner of Wednesday’s £10.4m prize
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Continued from page 1
it would amount to €2 trillion, or £1.75trillion. Any agreement, according to experts, would be similar to the proposal made to eurozone nations by Tim Geithner, the US Treasury Secretary, earlier this month.
Germany initially rejected the suggestion but is understood to have been pushed into action on a variation of the plan by the recent market turmoil.
Last Saturday, George Osborne, the Chancellor, played down suggestions of an imminent deal: “No one here has put forward a plan for that. Greece has got a programme and needs to implement it.” Last week, he warned the eurozone that it has six weeks to fix the crisis — by November’s G20 summit in Cannes — or risk world economic meltdown.
The Prime Minister spoke in Ottawa last Thursday after delivering a blunt warning to President Barack Obama and eurozone leaders on the need to curb their deficits. Mr Cameron said that Western politicians must show more
“leadership” and warned that political indecision would worsen the crisis. “We’re not quite staring down the barrel, but the pattern is clear,” he said. “Growth in Europe has stalled, growth in America has stalled.”
Earlier, Mr Cameron had written in an open letter to US and European leaders: “Barriers to action are now political as much as economic. We must send a clear signal that we are ready to take the actions necessary to maintain growth and stability for all for the future.”
“A credit agency has downgraded Italy’s ‘Vita’
to ‘less dolce’”