Latest update: 01/04/2009 

- Barack Obama - Bonuses - Dmitry Medvedev - financial crisis - France - G20 - Germany - Nicolas Sarkozy - world economy


In the papers
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France 24 journalists review highlights from the world's papers.
By Press Review (text)

 
The Independent (UK)

Welcome to Britain

 
A glamorous photo of the Obama couple on their first visit to Europe contrasts with the hard facts that surround the headline: this is the deepest recession for 60 years, with the world economy shrinking by 2.7%.
 
 
The Guardian (UK)
 
‘Obama to face Franco-German challenge’ says the daily. The two are to hold a joint press conference demanding that the summit usher in a new era of global regulation on banks, executive bonuses and tax havens.
 
 
 
The left-wing daily has a great cover with a picture of the two men embracing, back in July.

But the French president has since threatened to walk out on the G20 if the US refuses a deal to tighten global regulation. Is he bluffing? asks Libération. EU leaders are used to the Sarkozy style… Obama is not. The “arm wrestling begins”.
 
 
The right-wing daily has three men on its cover: Sarkozy, Obama and Medvedev, who has written a column in the Figaro and Wall Street Journal with the heading ‘The US and Russia owe it to the world to work together’. The Russian president calls for an end to the crisis of confidence and asks that the US and Russia achieve greatness together. Medvedev also calls for the introduction of a world supranational reserve currency to replace the dollar.
 

Corriere della Sera (Italy)
 
France is in the spotlight in the Italian press as bosses feel the wrath of French workers: luxury big boss François-Henri Pinault and his glamorous wife actress Salma Hayek were surrounded in their taxi in Paris by protestors furious at job cuts.
 

The Wall Street Journal (Europe)
Bosses are under siege
 
The Wall Street Journal has a theory about why the French are dealing with well-paid off bosses in such an extreme fashion when the situation is no worse than anywhere else. This reaction is a consequence of the country’s egalitarian ideals, no less, theorises the paper.

 

 

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