YouTube Added: 09.12.2011
The Euro’s future has been dealt a severe blow at eleventh hour talks in Brussels, as the UK refused to sign up to new EU treaties, leaving the rest of Europe to figure out a different approach. Marathon overnight talks mean the core Eurozone states will now make any further agreements among themselves, while other European countries can still join in to work out budget rules and changes. Max Keiser, financial analyst and the host of the ‘Keiser Report’ here on RT, says PM Cameron wants the whole world tolerate London as capital of fraud and sponsor it.
– EU Suffers Worst Split In History As David Cameron Blocks Treaty Change (Telegraph, Dec. 9, 2011):
But after 11 hours of bad-tempered talks, Mr Cameron said that he had blocked the changes because France and Germany had refused to agree to a “protocol” giving the City of London protection from a wave of EU financial service regulations related to the eurozone crisis.