France

    President Nicolas Sarkozy said Aug. 26 that international financial system reform, new international order, climate change and energy would be high on agenda for the country's foreign policy. Sarkozy said his country had pushed leading banks to implement new rules restricting bonuses for their executives. He also promised to severely punish any breaches, calling on other countries to follow suit. The French president added he was planning to address this topic at next month's Group of 20 financial summit. Sarkozy said the Group of Eight should be extended to include emerging countries such as China, Brazil, India, South Africa, Mexico and Egypt, making it the Group of 14 (Xinhua).

    About the author