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    I heard in passing on the radio FOUR this morning that the Euro is soaring as a currency. it is now worth more than 90p for the first time...or that might have been the first time in ages. This came across as somewhat baffling, as we all know only too well the current upheavel in the Eurozone. But this is beginning to clearly look like any talk of its demise has been greatly exagerated.

    An expert from the New York stock exchange was giving it the thumbsup because countries like China and Sth Korea, very wealthy nations as we know, see it as the standard currency representing many nations and are very keen to trade with its members. The pound is falling in value and the Euro is gaining in value. Bad news for anyone planning a holiday in France etc. And as we say...now more than 90p against the value of the pound.

    Also mentioned this morning on the radio was Mr Cameron's approach to the Chinese presidential trade contingent that visited our shores the other day. Mr Cameron took it upon himself to lecture in finger wagging style these Chinese leaders on their human rights record. This resulted in the Chinese being furiously miffed. They were furious. They came on a goodwill trade mission and Cameron lectured them like bootboys.

    The result was they coudnt wait to leave and go and do business elsewhere. The signed a few paltry contracts here..went on to Germany where they were treated much better and signed huge contracts. A mighty boost for Germany, a mighty boost for the Euro.

    Why oh why do we here in GB still think we have an empire, and approach these things like we still have an empire. China is the one with the power now, with the vast wealth...falling out with huge trading nations is poor strategy for our own workers here at home.

    We can ask how we can help with human rights by all means, rather than take a super strong finger wagging holier than thou stance...other nations like China see this as an ignorant intrusion into their own state affairs. The UK lost out over this and none of our posturing will make a ha'pporth of diffference to anyone but ourselves. The classic own goal syndrome.

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