Jun

18

Within hours of jetting into the Mexican Pacific resort of Los Cabos today, Prime Minister Julia Gillard was lecturing an international business audience on "the Australian way" as a response to faltering economies in Europe and elsewhere in the world.

Read more here.

UPDATE

And this is not unexpected… :

"THE Aussie PM has been publicly slapped down at the G20 summit by the President of the European Commission for lecturing Europe on how to solve its economic crisis.

In an embarrassing swipe at the PM, on the first day of the official meeting of leaders gathered at the Mexican luxury resort region of Los Cabos, EC President Jose Manuel Barroso said he would not be lectured by anyone."

meanwhile back at the ranch.. (or farm) in Oz:

"Mr Hockey, the opposition's treasury spokesman, said Ms Gillard's letter to G20 delegates on why they should get their economies in order backfired when European leaders said it contained no new ideas."The Prime Minister is delivering a lecture for local political purposes only," he said."Around the world no-one is taking the Prime Minister seriously."Instead of engaging in megaphone diplomacy the Prime Minister should be admitting to the Australian people how her record debt and record deficits compromise Australia's international competitiveness.

Julia Gillard would be better placed to take a leaf from the Coalition's playbook during the Asian Financial Crisis and offer behind the scenes regulatory and administrative support."
 


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1 Comment so far

  1. Franklin on June 18, 2012 4:54 pm

    What about buy EUR/AUD?

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