The US stock markets – Dow and Nasdaq – are once again at their lifetime highs, while stock indices in India too reached their record high recently before receding a bit.
Adrian Mowat of JPMorgan spits out the painful truth about the situation in Europe on CNBC-TV18. He says that even though the German Chancellor and the French President are up for an immediate resolution of the debt crisis thorough the EFSF, getting agreement from 17 different governments seems difficult.