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...This is where the euro should come in. Europe’s currency is a true financial miracle—when it was created just over a decade ago, everyone thought it would fail. Milton Friedman famously predicted it would be a disaster, and the Bank of England had stress scenarios that foresaw a similar end to the monetary experiment. Yet, over ten years later and despite the fact that it was created with a political rather than economic agenda, the currency remains alive and arguably very strong. As with most things in life, adopting it involves a trade...
...began with a simple goal: bringing together undergraduates and political paragons using a promised pizza dinner as irresistible bait. The dream begun, nearly two decades ago, was called “Pizza and Politics.” Drawing in past speakers like investment whiz Warren Beatty and award-winning producer Frederick Zollo, it was at one time a weekly-pegged program of the Institute of Politics...
...complicated war. Mullen was thrilled to hear positive news about the relative merits of wheat and pomegranates, and the success of U.S. Army National Guard farmer-soldier teams, which were helping to plant and protect in remote Afghan districts. "There are possibilities here we couldn't imagine a year ago," the admiral said at the end of the meeting. "So please keep thinking about how we can do this. Let your minds run free." (See pictures of soldiers in Afghanistan...
...place to Aso in last September's elections for a new LDP leader. "Given the problems that Japan faces, people feel that there's a solid quality to Yosano, a trustworthiness that makes people feel confident he's in charge," says Curtis. In a newspaper poll conducted six weeks ago, Yosano tied with popular former Prime Minister Junichiro Koizumi as the public's second choice for the next premier. (The No. 1 pick was opposition leader Ichiro Ozawa...
...kidnappings of foreign aid workers - like those in Darfur - "make for a more visible political statement" than attacking local humanitarian staff, says the ODI report. Aid organizations have always insisted that they do not pay ransoms for their kidnapped staff. But the reality is more complicated. A few years ago, MSF Holland won a lawsuit against the Dutch government, which admitted it had paid Chechen rebels $1 million to free a kidnapped MSF aid worker; rather than being grateful, the aid organization was incensed, claiming that the payment violated its rules and placed its staff in greater danger elsewhere...