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Escobar: Hollande wants to end dollar era, will clash with US

Posted By admin On May 7, 2012 @ 7:55 am In World News | Comments Disabled

May 7, 2012

Francois Hollande has defeated Nicolas Sarkozy in the French presidential runoff, making him the latest EU leader to be swept aside by the crippling debt crisis. Among the first steps the President-elect is planning, is to push back against German-led austerity measures. Chancellor Angela Merkel has already invited Hollande to Berlin for talks.

Asia Times roving correspondent, Pepe Escobar, says clashes over Hollande’s foreign policy are expected both in Europe and overseas.

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URLs in this post:

[1] US Needs Austerity Too: Hedge Fund Strategist: http://www.prisonplanet.com/us-needs-austerity-too-hedge-fund-strategist.html

[2] Merkel faces scrutiny over Communist past: http://www.prisonplanet.com/merkel-faces-scrutiny-over-communist-past.html

[3] Angela Merkel’s government threatened with collapse: http://www.prisonplanet.com/angela-merkels-government-threatened-with-collapse.html

[4] Irate Germany Summons Iranian Ambassador After Angela Merkel Plane Denied Access Over Iran Airspace For Two Hours: http://www.prisonplanet.com/irate-germany-summons-iranian-ambassador-after-angela-merkel-plane-denied-access-over-iran-airspace-for-two-hours.html

[5] Merkel To Europe: “Prepare To Cede Sovereignty”: http://www.prisonplanet.com/merkel-to-europe-prepare-to-cede-sovereignty.html

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