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Running out of time for a deal with Greece’s creditors, says Angela Merkel during G7 summit

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Berlin: German Chancellor Angela Merkel on Monday warned that time is running out for a deal with Greece’s creditors. She also insisted that solidarity with European partners and the International Monetary Fund would be contingent on Greece’s initiative to implement reforms.

“There isn’t much time left. Everyone is working intensively. The day after tomorrow there will be opportunity to discuss it with the Greek prime minister. Every day counts now,” Merkel said in a press conference after the conclusion of the G7 summit in the Schloss Elmau hotel in southern Germany.

Merkel added that the Greek financial crisis was one of many issues discussed in the meeting, which she attended on Monday along with Jean-Claude Juncker, the president of the European Commission, or EC, and Managing Director of the IMF, Christine Lagarde.

Merkel reiterated that all summit attendees want Greece to remain in the Eurozone, but reminded that there are rules that govern the union and that European and international solidarity must be matched by member countries’ own efforts.

Merkel argued that measures taken by the troika (EC, IMF and the European Central Bank, or ECB) proved to be effective in the cases of Ireland, which thrived after applying a tough reform program, Spain and Portugal, which created jobs despite ongoing high unemployment rates.

Merkel pointed out that the situation in Cypress also leads to a path of “success”.

The German chancellor confirmed her intention to meet again with Greek Prime Minister Alexis Tsipras in Brussels on June 17 under the auspices of the EU summit meeting with the Community of Latin American and Caribbean States, or CELAC.

In her view, the proposal presented to Athens by the three creditor institutions is “a breakthrough” that must be negotiated. (IANS)

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Donald Trump to announce Decision on Paris Climate pact: US leaning on the withdrawal side

If USA withdraws from the 2015 agreement,it is expected to have serious international consequences

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Presidential encyclopedias
US President Donald Trump, VOA
  • Donald Trump met with world leaders at the G7 Summit in Sicily where many set out to lobby the US president over staying committed to the climate agreement
  • The US did not join the climate section of the communiqué according to the official dispatch of the summit on which all countries sign
  • All the nations of the G7 summit, France, Japan, Canada, the United Kingdom and Italy, have also urged Trump to stay in the 2015 agreement

Washington, June 1, 2017: US President Donald Trump is still to give his decision about whether USA will remain a part of the Paris Climate agreement or not and the president seems to be leaning towards the withdrawal side as signaled by the white house.

Last Saturday morning, during the final leg of his first presidential trip abroad, the president teased his decision about the hotly debated topic in a tweet.

Trump met with world leaders this week at the G7 Summit in Sicily where many set out to lobby the US president over staying committed to the climate agreement.

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The US did not join the climate section of the communiqué according to the official dispatch of the summit on which all countries sign, mentioned NDTV report.

The document stated while the leaders of Canada, France, Germany, Italy, Japan and the United Kingdom and the presidents of the European Council and of the European Commission are propounding their commitment to the Paris agreement, the US “is in the process of reviewing its policies on climate change and on the Paris Agreement and thus is not in a position to join the consensus on these topics.”

The document stated while the leaders of Canada, France, Germany, Italy, Japan and the United Kingdom and the presidents of the European Council and of the European Commission are propounding their commitment to the Paris agreement, the US “is in the process of reviewing its policies on climate change and on the Paris Agreement and thus is not in a position to join the consensus on these topics.”

Here it is to be noted that during his Presidential Campaigning Trump had vowed that he would “rip” the Paris Climate Agreement. It seems like the president is all set to fulfill his that promise.

However, if that happens there will be serious international consequences as this will raise a question on the commitment of the world’s super power towards curbing environmental problems.

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Trump has said that he will announce his decision today in the White House Rose Garden.
The White House officials are indicating that the President may change his mind, as is his habit of doing on the last moment.

All the nations of the G7 summit, France, Japan, Canada, the United Kingdom and Italy, have also urged Trump to stay in the 2015 agreement.

– prepared by Nikita Tayal of NewsGram, Twitter: @NikitaTayal6 

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Forbes ranks Prime Minister Narendra Modi Among World’s 10 most Powerful People

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The Chief Minister of Goa, Shri Manohar Parrikar calling on the Prime Minister, Shri Narendra Modi, in New Delhi on October 30, 2014., Wikimedia

New York, December 15, 2016: Among the top 10 most powerful people in the world by Forbes, Prime Minister Narendra Modi has been ranked with Russian President Vladimir Putin topping the list for a fourth straight year and US President-elect Donald Trump in the second place.

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On the Forbes list of 74 of the World’s Most Powerful People, Narendra Modi ranks 9th.
Forbes said, “Modi has raised his profile as a global leader in recent years during official visits with Barack Obama and Xi Jinping. He has also emerged as a key figure in the international effort to tackle climate change, as planetary warming will deeply affect millions of his country’s rural and most vulnerable citizens.”

It also noted Modi’s sudden demonetization decision in order to reduce money laundering and corruption, leading to a nationwide frenzy.

“There are nearly 7.4 billion humans on planet Earth, but these 74 men and women make the world turn. Forbes’ annual ranking of the World’s Most Powerful People identifies one person out of every 100 million whose actions mean the most,” it said.

Putin topped the list and retains the title of the ‘world’s most powerful person’ for four years. Whereas, US President Obama is on the 48th spot.

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Forbes said that Russia’s President has exerted his country’s influence in nearly every corner of the globe; from Syria to the US presidential elections, he continues to “get what he wants”.

On the second spot is US President-elect Donald Trump who had surprising election victory, after upsetting Hillary Clinton.

The list also includes Mukesh Ambani the Reliance Industries Chairman who is on the 38th spot.

The list also includes Satya Nadella, the Microsoft’s India-born CEO who is on the 51st spot.

According to the Forbes list, the third most powerful person in the world and the most powerful woman in the world is, Angela Merkel, the chancellor of Germany and the backbone of the European Union.

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The Forbes list also includes Xi on the 4th spot, Pope Francis (5), Microsoft co-founder Bill Gates (7), Facebook CEO Mark Zuckerberg (10), French President Francois Hollande (23), Apple CEO Tim Cook (32), North Korean leader Kim Jong-un (43) and ISIS leader Abu Bakr al-Baghdadi (57).

by NewsGram team with PTI inputs

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Satirical Weekly Charlie Hebdo Mocks Chancellor Angela Merkel in First German Edition, almost 2 Years after Islamist Militants attacked its top Editorial Staff in Paris

The magazine is known in France for ridiculing political and religious leaders

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The first issues of the German version of French satirical weekly Charlie Hebdo are for sale at a newsstand in Berlin, Dec. 1, 2016. VOA

The first German edition of satirical weekly Charlie Hebdo hit the news stands on Thursday, with a front page lampooning Chancellor Angela Merkel, almost two years after Islamist militants attacked its top editorial staff in Paris.

The magazine also picked on another symbol of post-war German might — Europe’s biggest carmaker Volkswagen, still struggling to recover from its diesel emissions scandal.

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[bctt tweet=”Launch posters showed Merkel sitting on the toilet reading the magazine.” username=””]

“VW backs Merkel,” reads the headline, with a picture showing a VW mechanic fixing 62-year-old Merkel on a hydraulic lift, saying: “A new exhaust pipe and you’ll run for another four years.”

Merkel announced last month she would stand for a fourth term in elections next year.

Launch posters showed Merkel sitting on the toilet reading the magazine, with the slogan: “Charlie Hebdo. It’s liberating.”

The magazine, known in France for ridiculing political and religious leaders, became a symbol for the freedom of expression after two militants broke into an editorial meeting at its Paris office in Jan. 2015 and killed 12 people.

The Islamists accused the magazine of blasphemy for printing cartoons of the Prophet Mohammad.

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Some German customers said they were buying the magazine as a gesture of solidarity.

“For me, this is more a feeling that I support this and I want it to continue now that it has just started,” said Tim Wuennemann.

An initial run of 200,000 will be printed in Germany — twice the circulation of the country’s current best-known satirical magazine, Titanic. Some of its contents will be original, some translated from the French.

The boundaries of satire were tested this year when Turkey’s Tayyip Erdogan took legal action against German comedian Jan Boehmermann for broadcasting a satirical poem suggesting the president engaged in bestiality and watched child pornography. (VOA)