News Headlines - 23 October 2011

▽Nicolas Sarkozy tells David Cameron: shut up over the euro - The Guardian
The bust-up between Cameron and Sarkozy held up the conclusion of the EU-27 summit for almost two hours, with the French president expressing rage at the constant criticism and lectures from UK ministers.
Sarkozy bluntly told Cameron: "You have lost a good opportunity to shut up." He added: "We are sick of you criticising us and telling us what to do. You say you hate the euro and now you want to interfere in our meetings."

▽Crunch Time for Franco-German Relations - Wall Street Journal
Germany believes those losses should be borne by euro-zone government bondholders, bank shareholders and the citizens of the countries that ran up the debts. France argues the damage to euro-zone credibility from failing to stand behind its governments and banks will ultimately cost taxpayers far more than supporting them with bailouts and liquidity facilities, including access to the unlimited firepower of the European Central Bank's balance sheet.

▽Far-right rise in Switzerland capped - Telegraph.co.uk
The Swiss People's Party (SVP) had aimed to better its 2007 score of 28.8 per cent, but its split with the Conservative Democratic Party (BDP) since the previous elections is now expected to have left it with seven fewer seats.
This time, it is projected to have polled just 26.8 per cent, marking the first time in 20 years that it has recorded a drop in support.

▽German satellite crashed in southeast Asia - Telegraph.co.uk
Most parts of the car-sized ROSAT research satellite were expected to burn up as they hit the atmosphere at speeds up to 280mph, but up to 30 fragments weighing a total of 1.87 tons, could have crashed, the German Aerospace Center said.

▽At least 138 dead after Turkey quake - USA Today
Cries of panic and horror filled the air as a magnitude-7.2 earthquake struck eastern Turkey, killing at least 138 people as buildings pancaked and crumpled into rubble. The death toll was expected to rise as rescuers sifted through the rubble and reached outlying villages.







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