Barack Obama was caught between two competing European visions of how to solve the financial crisis at the G8 summit when David Cameronrejected outright a French proposal to raise €57bn (£46bn) through a tax on financial transactions.
The eurozone crisis is set to dominate four days of intense diplomacy which began in Washington Friday morning and continued through a meeting of G8 leaders at the presidential retreat Camp David on Friday evening. Discussions will continue there on Saturday and [...]




