Main stories in ABC's World Today

AAP General News (Australia)
12-09-2011
Main stories in ABC's World Today

SYDNEY, Dec 9 AAP - Main stories in ABC's World Today:

* French president Nicolas Sarkozy says the next 48-hours represent the last chance
for Europe to dig itself out of its financial blackhole. But, with France and Germany
insisting on a new set of rules that would include closer economic ties, the prospect
of Brussels dictating nations' tax and spending policies has upset a number of EU members.

* Pressure is growing on China to step in with a multi-trillion dollar bailout, despite
warnings that it could demand hard assets in return for buying risky government bonds.

Australia's Reserve Bank governor Glenn Stevens says the prospect of China becoming a
"white knight" could raise global political and social tensions.

* Toilet paper manufacturer Solaris claims it's being subjected to a misinformation
campaign by Greenpeace and trade unions, forcing it to review its operations in Australia.

The company believes it's been unfairly targeted because it sources its paper from Indonesia
and has warned Asia of a so-called "anti-Indonesian sentiment".

AAP ra/tr

KEYWORD: MONITOR WORLD TODAY

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