Hats off to the Bank of England's governor, Mervyn King, who found the time to go for a ride on a dog sled during the weekend's summit of G7 finance ministers, which Canada hosted in the remote Arctic city of Iqaluit. Here's a picture of Merv, who's tucked up nice and warm and looks like he's having a whale of a time. He declared the experience "wonderful".
Ministers at the summit agreed to forgive Haiti's debts, following the Caribbean country's devastating earthquake. And they pledged to continue working together on co-ordinated economic stimulus packages to fight the impact of the recession.
But as I reported earlier in the week, the summit's Arctic location meant that the ministers present, including Britain's Alistair Darling, the US treasury minister Timothy Geithner and France's Christine Lagarde, faced a tricky diplomatic challenge on issue of seal hunting, which would be somewhat peripheral to their portfolios in other circumstances.
The European Union has banned commercially hunted seal and, although hunting by indigenous communities was exempt from the prohibition, it's a delicate topic. None of the visiting ministers chose to attend a feast on Saturday night, laid on by the local Inuit community, at which raw seal was on the menu. Canada's Jim Flaherty was left to chow down on some seal meat alone.
And when a local reporter asked the European ministers about seal hunting at a closing press conference, there was a deafening silence. Canada's Globe and Mail reports that there was a five second silence as Darling and his colleagues avoided everybody's eye.
"Don't all go at once," prompted the reporter.
A further five second silence ensued according to this transcript, before Flaherty came to the rescue of his visitors: "Listen, you know, the European Union makes a specific exception with respect to the Inuit people who for thousands of years have relied on the seal as part of their survival and that is the view of the European Union and its certainly our view in Canada."
Incidentally, Darling was the only one at the press conference who appeared to be wearing a suit. Everyone else kept warm in woolly jumpers, including a particularly attractive snowflake design sported by Flaherty, and a rather startling orange number worn by Japan's finance minister. There's a video clip here.
haiti, france, japan, britain, united states, canada, christine lagarde, jim flaherty, timothy geithner, mervyn king, finance ministers, finance, caribbean, canadaalistair darlingmervyn kingbank, englandtimothy geithnerandrew clarkguardian.co.uk, bank of england, guardian news & media limited, globe and mail, european union, location, the european, aboriginal peoples in canadian territories, aboriginal peoples in quebec, eskimos, indigenous peoples of north america, g7, seal hunting, summit, inuit, americas, history of north america, finance minister, governor, bank of england, local reporter, reporter, treasury minister, united kingdom
News: FINANCIAL TIMES: Fears grow over global food supply. “Russia announced a 12-month extension of its…
18 hours ago - Instapundit
FINANCIAL TIMES: Fears grow over global food supply. “Russia announced a 12-month extension of its grain export ban on Thursday, raising fears about a return to the fo...
News: UK moves closer to military partnership with France
an hour ago - World news and comment from the Guardian | guardian.co.uk
News: Panda twins delight Japanese zoo
30 minutes ago - BBC News - Home
New-born twin giant pandas made their first public appearance at a zoo in Japan on Friday in Shirahama.
News: Our covenant with Britain | David Miliband and Jon Cruddas
30 minutes ago - Latest news and comment from Britain | guardian.co.uk
We share a commitment to an economy that enables people to live decent, dignified livesThese are historic times for our country. The biggest economic crisis since the 1930s is...
News: EUR/USD Daily Review 3 Sep 10
22 minutes ago - FX Instructor Forex Blog - For Traders, By Traders
Simultaneous Release at TheGeekKnows.com – Learn Forex Trading and view EUR/USD Reviews. Good day forex trading koalas. Today i...
News: Alabama Power named one of top utilities for economic development ... Alerts - "Entergy Corp"
7 minutes ago - Google Alerts - "Entergy Corp"
(NYSE: SO) on Site Selection's top utilities list were DTE Energy, Detroit, Mich.; Duke Energy, Plainfield, Ind., and Charlotte, N.C.; Entergy Corp., New Orleans, La.; Geo...
News: French Unemployment Unexpectedly Drops
yesterday - Business Insider
French unemployment was supposed to keep rising... but it actually dropped in the second quarter, for the first time since the crisis, surprising analysts: Bloomberg: The jobl...
News: Flaherty Says BHP's Potash Bid Shows Need for National Canadian Regulator Alerts - "BHP Billiton"
8 days ago - Google Alerts - "BHP Billiton"
By Dara Doyle and Alexandre Deslongchamps - Thu Aug 26 16:08:09 GMT 2010 Canadian Finance Minister Jim Flaherty today said BHP Billiton Ltd.'s bid for ...See all stories o...
|
| Learn More | Contact us | Hedge funds | Advertising | Blogs | News | Bookmarks | Help | Terms of Use & Privacy Policy | |
||
|
© Copyright Hedgehogs.net Limited, 2010 |
||
