I don't buy the internationalization argument however. You have to explicitly select strings for i18n anyway and run them through something that retrieves the data from a catalogue based on the current language. It's not like you will override str.__mod__ to start i18n.
And if you want to do it right, there are more complex rules that need a special formatting language. For example if you want to display {count} error/errors, then the text of error/errors will vary based on language not just based on count 0/1/more but even more wildly based on language. E.g. some have a special noun declension for 2. For example in Polish, that might be when there are 5 errors: http://blogs.transparent.com/polish/cardinal-numbers/