Word: america
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...knife to the most American of feasts - Thanksgiving. With a new web series sponsored by Hellmann's mayonnaise on tips and tricks for dispatching holiday leftovers, Flay uses the down-home style familiar to viewers of his Food Network shows such as Boy Meets Grill and Iron Chef America to reinvent holiday standbys. He spoke with TIME about how he prepares the most important meal of the year and his secret weapon in the kitchen...
...operate under an implicit subsidy from the government, since they would likely be rescued in a future financial emergency. This allows these banks to borrow more cheaply than their competitors and gain even greater market share. Today, four conglomerate banks (JPMorgan, Citigroup, Wells Fargo, and Bank of America) hold 39 percent of all domestic deposits. Placing this many eggs in four baskets will harm the entire economy should one mega-bank falter in a future downturn...
What misconceptions do we have about our differences? Crime rates are a good example. The U.S. murder rate is always held up as exemplifying the contrast across the Atlantic. There's no getting around the fact that the murder rate in America is much higher than in European countries. The implication is that every other crime is equally high, but I knew that was simply not the case. For example, [the U.S. has] comparatively low rates of sexual assault...
While China has vastly expanded trade ties and investments in Africa, Central Asia and South America, its foremost goal is to ensure its access to natural resources. In Afghanistan, China's $3 billion copper-mine investment is the country's largest single investment, but the stability of the war-torn region didn't merit a mention in Hu's 20-minute address. Neither did appreciation of China's currency, the renminbi, which Obama called "an essential contribution to the global rebalancing effort." Hu did, however, say that China and the U.S. "need to oppose and reject protectionism...
...journalistic influences come from America rather than Germany, where my type of journalism has little tradition," Wallraff tells TIME. Still, Wallraff's work has gained him notoriety in Germany, along with financial success. His book about the two years he spent posing as Turkish guest worker Ali Levent Sinirlioglu, The Lowest of the Low, sold more than 5 million copies and forced Germany to have a national discussion about its long-neglected Turkish minority. The dialogue led to a strengthening of the rights of temporary workers in the country and gave Germans of Turkish descent their first real foothold...