Politics:

Europe is eager to get rid of the US diktat in economy and finance

"The US is to blame for everything". Nicolas Sarkozy and Russian President Dmitri Medvedev regularly voice this accusation in their recent statements.

October 21, 2008
In the face of the global financial crisis ex-allies are even more loudly declaring about their right to independently solve their problems, which arouse as a result of the myopic US policy in the field of mortgage lending and spread over the other spheres of banking operations. Still at the beginning of the current year the biggest US banks raised alarm declaring that granted mortgage loans were not reimbursed. However, no one listened to them and the result for it was the crisis that we now face. The EU decided to immediately hold a world summit for saving the financial and banking structure in the format of extended G-8 with participation of such emerging economies as India, China, Brazil and others.
 
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