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Message: Debt Denial - Harper & Merkel urge debt reduction & reform worldwide

DEBT DENIAL - Harper & Merkel urge debt reduction & reform new

In to-day's Sunday Toronto Star, Canadian Prime Minister Harper & German Chancellor Angela Merkel issued a joint call for speedier reforms of financial institutions & for nations awash in redd ink to pay down their DEBT - 2 factors that are fuelling financial turmoil & putting the fragile economic recovery at risk.

These matters will dominate discussions when G20 leaders meet in Toronto next week.

Merkel said "all members of the eurozone have to reduce their deficit with determination & great spead. We need strict regulation of the financial market" she said, citing DERIVATIVES, SHORT-SELLING & HEDGE FUNDS by name.

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