Word: accords
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...Many Europeans believe that Bush hasn't made clear exactly what he's opposed to. Although Bush's criticisms concern the form of the Kyoto accord, it's clear that his objections are more basic. Many Europeans believe that the real objection may not be the Kyoto Protocol itself, as much as the very idea of reducing greenhouse-gas emissions...
TIME.com: Europeans are outraged by President Bush's rejection of the Kyoto accord. But with the 500-pound guerrilla of carbon-gas output saying no to cutting emissions, what options are left to the Europeans...
...global warming - a topic on which the U.S. leader is seen in the wider world as something of a flat-earther. And he reported after the meeting that they'd held a candid discussion but failed to agree over President Bush's decision to back out of the Kyoto Accord on climate change endorsed last year by President Clinton. Clinton, of course, had avoided submitting the treaty for certain defeat in the Senate (where the very idea of ratifying it was rejected 95-0), leaving it signed but not ratified. But it was reported Wednesday that the White House...
While there are important differences in the two economies' slumps, the parallels are instructive. The strong-yen policy of the 1985 Plaza accord sucked money into the Japanese stock market, which soared 300% from 1985 to 1990. Treasury Secretary Robert Rubin's strong-dollar stewardship did much the same for the U.S. stock market in the 1990s. The boom was characterized in Japan by inflated land prices, in the U.S. by the NASDAQ. Japan in its heyday, and the U.S. in its later boom, both experienced huge boosts in worker productivity, high growth and low inflation. Japan's manufacturing...
...Other elements of the Oslo accord designed to build trust were also ignored. The original PLO charter calling for the destruction of the State of Israel was never amended in writing. Terrorists who were required to be arrested and disarmed by the PA, have instead actually partnered with them in recent months. New Palestinian textbooks for grade school children released last September, which were supposed to reverse the cycle of hate, are designed to ensure its continuance. Unlike Israel's revised history curriculum that now examines portions of the recent past through Palestinian eyes, the books issued...