Commissioner Monti seeks to heal rift over merger

Following the recent dispute between Europe and America over the blocking of the merger between General Electrics and Honeywell, officials on both sides of the Atlantic said they were scrambling to find out why the world's two great regulatory machines had come to such starkly different conclusions, writes the Telegraph.

This recent clash with America comes soon after Bush’s rejection of the Kyoto protocol and disagreements over the death penalty, and risks setting off a further downwar...