The Economist (July 8)
French President Nicolas Sarkozy is wrapped in scandal. Two of his ministers resigned over expenses: one for claiming €12,000 of Cuban cigars, the other for chartering a €116,500 private jet. Now there are allegations his campaign accepted €150,000 in illegal contributions. The Economist says, “if Nicolas Sarkozy wants France to change, he needs to start at the top.” It adds, “Sarkozy has already been tried and convicted by public opinion of another crime: he has betrayed his promise to change France’s political culture.”
Financial Times (July 8)
The year has been disappointing in terms of taking action against the serious threat of climate change. The Financial Times, however, promotes a twin opportunity. Governments can both repair their budgets and the climate. “As treasuries look for ways to raise more revenues, climate change activists should make the case for green taxes.”
Tags: Climate change, Deficit, Government, Tax
