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Menacing video surfaces showing French family kidnapped by Boko Haram

A video of a French family kidnapped in Cameroon has surfaced this week on Youtube.

Europe starts the week in limbo

French-German summit ends with nothing more than a pledge to have a plan in place before G-20 summit next month. Can the markets wait that long for a resolution to Greek debt situation and possible spread of contagion to Spain and Italy?

Start The Week

The weekend is supposed to offer a bit of breathing space and down time ... it normally allows problems to be put in perspective so they can be dealt with more effectivey when the new week starts.

Well, having rested up it seems like Europe's leadership and punditocracy have used their two days off to get even more nervous about the economic prospects of Europa.

The main reason is the lack of anything substantial out of a meeting between French President Nicolas Sarkozy and German chancellor Angela Merkel. Sarkozy assured the press after the meeting, "We are very conscious that France and Germany have a particular responsibility for stabilising the euro."


Europe: Coalition politics hinder solution to economic crisis

David Cameron and Angela Merkel protect their backs against restive allies.
Merkel sarkozy 8.16Enlarge
France's president Nicolas Sarkozy and German Chancellor Angela Merkel arrive for a joint press conference at the Elysee presidential palace in Paris on August 16, 2011 after a meeting between the two leaders on debt crisis. (Patrick Kovarik/AFP/Getty Images)
All politics is local - even when the global economy is collapsing around your ears as David Cameron and Angela Merkel are finding to their irritation.
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