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Ah , thanks.

I'm lost. What or who is RSJ?

Here's a little more insight into the discussions at the EU summit yesterday from Der Spiegel. The call for the G20 to investigate an FTT is pure window dressing that attempts to disguise the divisions that exist within the EU:- http://www.spiegel.de/international/europe/0,1518,701471,00.html...

Sarkozy Says EU to Suggest to G-20 Tax on Financial Transactions http://www.businessweek.com/news/2010-06-17/sarkozy-says-eu-to-suggest-to-g-20-tax-on-financial-transactions.html June 17 (Bloomberg) -- French President Nicolas Sarkozy said the European Union will discuss a levy on...

http://www.france24.com/en/20100617-europe-clamps-down-debt-amid-spanish-fears [...]Berlin and Paris also wanted to see a tax on financial transactions proposed in Toronto, but that idea did not make it past first base with a senior EU official saying it is "in the pipeline, but I wouldn't be...

http://news.ph.msn.com/business/article.aspx?cp-documentid=4156276 European leaders tackled the thorny question of how to tax the financial sector on Thursday, distilling ideas to put to next weekend's G20 summit in Canada. However, a Franco-German push to have a broad-based tax on...

I can't log in either.

Sarkozy criticizes Merkel's tax plans Paris - French President Nicolas Sarkozy has criticised German Chancellor Angela Merkel's plans to levy new taxes, saying that austerity programs inevitably lead to recession, the daily Le Figaro reported Thursday.[...] [...]He also expressed doubts...

UK minister signals opposition to FTT: http://www.forexyard.com/en/news/UK-govt-to-hand-extra-power-to-Bank-of-England-2010-06-03T144320Z-INTERVIEW [...][Financial Services Minister] Mark Hoban signalled opposition to the idea of a tax on bank transactions, put forward earlier in the week...

EU to propose bank taxes for crisis funds http://www.europolitics.info/eu-to-propose-bank-taxes-for-crisis-funds-art272686.html

Divisions emerge in German government over transaction tax Days after the German center-right coalition government presented a unified front on a new tax on the financial sector, parliamentary and cabinet leaders have made skeptical statements over its feasibility...

http://online.wsj.com/article/BT-CO-20100521-704726.html?mod=WSJ_World_MIDDLEHeadlinesEurope The introduction of a national financial transaction tax, as demanded by many German lawmakers, makes no sense, [Finance Minister Wolfgang Schaeuble] said, but added that Germany will campaign for the...

http://www.businessweek.com/news/2010-05-21/merkel-relies-on-majority-in-german-euro-bailout-vote-update1-.html [...]The opposition Social Democratic Party plans to abstain after failing to secure a government commitment to pursue a financial transaction tax in return for its backing, floor...

Germany can't just override another member state on taxation. Unanimity is required in key areas such as foreign and defence policy, social security and taxation issues. Also note what Schaeuble said this morning: http://imarketnews.com/node/13807 The minister (Schaeuble) reaffirmed...

WSJ refer more generally to a financial sector tax: "They demanded the introduction of a financial-transaction tax or financial-activities tax. " The FAT is one of the IMF's proposals. http://online.wsj.com/article/BT-CO-20100518-710735.html?mod=WSJ_World_MIDDLEHeadlinesAsia

http://www.reuters.com/article/idUSBAT00546320100518 Germany plans to ban naked short-selling on stocks and euro government bonds, German all-news network N-TV reported on Tuesday. German coalition sources told Reuters earlier that Finance Minister Wolfgang Schaeuble plans to ban...

..and given what Schaeuble said previously (below) that won't happen either! "Actually, such a thing only makes sense when it can be introduced globally. Europe and also (Germany) will exert itself in this respect. But there are considerable doubts as to whether it will come to pass globally."

http://www.reuters.com/article/idUSLDE64H07J20100518 GERMAN FINANCE MINISTER WOLFGANG SCHAEUBLE Asked whether Germany would support a financial transaction tax on a European level if it cannot be implemented internationally: "Actually, such a thing only makes sense when it can be...

It refers to a bank levy in the full text. This looks like the same sort of sloppy reporting that occurred before where a bank levy was confused with an FTT. The Cons position has until now been against the FTT (Cameron described it as 'literally hopeless') but the LibDems have expressed...

Bank tax failing to win G20 support http://www.financialpost.com/story.html?id=2943451 WASHINGTON -- There was widespread disillusionment among most Group of 20 countries for a proposed universal bank tax, with the exception of the major European economies, and this sentiment will be...