France Qatar Gift Disdained

November 11, 2012 - 7:33 AM
In this Thursday, Oct. 4, 2012 photo, Leila Leghmara answers reporter at her apartment, in Paris. Qatar, with the world's third-largest gas reserves, has been on a spending spree in France and elsewhere in the West in recent years. The oil-rich state less than the size of Connecticut has exerted an outsized influence as a global bankroller, putting it at the cutting edge of an accelerating power shift between traditional Western powers and emerging economies. As Europe is engulfed in crisis, Qatar has been on a global spending spree, buying stakes in luxury brands, acquiring soccer club Paris St. Germain and financing London's "Shard" , the EU's tallest building. Now, to the consternation of the French, the emirate wants to make a major humanitarian investment in the West. (AP Photo/Remy de la Mauviniere)