Eurozone talks top agenda as G8 summit gets under way

Investors fear a Greek eurozone exit could trigger a fresh global crisis.

On Friday Mr Obama welcomed Francois Hollande to the White House to discuss economic affairs. The French president said he and Mr Obama shared “the same conviction that Greece must remain in the eurozone”.

President Obama said resolving the crisis is of “extraordinary importance” to the world.

Even before official proceedings began, David Cameron clashed with Francois Hollande over the new French president’s proposals for a Europe-wide tax on financial transactions.

Mr Cameron issued a blunt warning that Britain would not accept such a tax, insisting it was not “a sensible measure”.

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London 2012 Olympics: Ben Ainslie says waiting to start torch relay one of the most nervous moments of his life

But Ainslie, who said the torch leg was so special it ranked alongside winning one of his Olympic gold medal: said “It was one of those moments where I was in a bit of shock really At least I didn’t trip over”.

Land’s End was crowded with thousands of flag waving spectators, flag-adorned dogs, small children with handmade torches and a buzz rarely seen at 6am.

London 2012 chief executive Paul Deighton exclaimed elatedly when Ainslie lit the torch successfully: “There you go, no problem”.

Ainslie, who has just won his sixth Finn world championships and will start favourite to win a fourth Olympic gold medal, said he was confident about his Olympic preparations.

“Medal race day August 5 is a big day for me,” Ainslie, 35, said.

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At least we now have tissue. I can remember the time when we had only sheets of what was more like greaseproof paper! Prior to that my Grandmother used to have to tear up newspapers into small squares which she hung on a nail in the outside privy. At least that was absorbent.

Czech the Flip

My local Tesco is doing it again.  My favorite toilet paper is on sale again!  I wonder if I’m going to make that BIG purchase this time.

Last winter, when they had these things on sale,  I bought a whole bunch of it.  Because it was too much, I had to store some in Jakub’s room because the toilet cabinet was full.  But like anything else that’s left in the open, it did not escape Jakub’s curiosity.  Thus, I ended up cleaning up a very messy room.

A friend of mine once told me that during the Socialist era in Czech, the type of toilet paper that you use in your home signifies your social standing.  Thus, if you use the more expensive kind, you are considered wealthy.

These days, I think the type and amount of toilet paper in one’ s home simply tells you what kind is on…

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RIP Ms. Donna Summer

Donna Summer rocketed to international superstardom in the mid-1970s when her groundbreaking merger of R&B, soul, pop, funk, rock, disco and avant-garde electronica catapulted underground dance music out of the clubs of Europe to the pinnacles of sales and radio charts around the world.

Maintaining an unbroken string of hits throughout the 70s and 80s, most of which she wrote, Donna holds the record for most consecutive double albums to hit #1 on the Billboard charts (3) and first female to have four #1 singles in a 12 month period; 3 as a solo artist and one as a duo with Barbra Streisand.

A five-time Grammy winner, Donna Summer was the first artist to win the Grammy for Best Rock Vocal Performance, Female (1979, “Hot Stuff”) as well as the first-ever recipient of the Grammy for Best Dance Recording (1997, “Carry On”). In 2004, she became…

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PA Pundits - International

By Andrew Bolt ~

Brendan O’Neill notes that anti-nuclear hysteria is deadlier than the Fukuskima “disaster”:

Five people died as a result of the accident at the Fukushima nuclear power plant in March last year, when the terrible tsunami crashed into the plant’s reactors. But far more people died from heatstroke after the Japanese authorities caved in to post-Fukushima pressure and switched off nuclear reactors across the country.

This led to power blackouts, causing airconditioning systems in homes and public buildings to fail, with predictably disastrous consequences. So in June last year, with 35 of Japan’s 54 nuclear power plants in shutdown for safety checks, there was an unusual spike in the number of heat-related deaths.

In the first 10 days of that month, 26 people died from heatstroke—four times the normal number for that time of year. A further 13,000 were hospitalised. The greatest number of victims were…

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