Word: anglo
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...TIME: Let's start with an example of a corporate citizenship program that works well. Pollitt: One we found very impressive was a project run by the large mining company Anglo American in South Africa. They set up a venture-capital fund for local black entrepreneurs who were setting up small businesses. Mainly these businesses were aimed at supplying services and goods to Anglo American mines. This project not only provided financing, it gave training. It also provided access to the purchasing managers of a major multinational. So, it was an excellent project which helped local communities and leveraged...
...Anglo-Saxon capitalism" is no longer an epithet in the Elysée. But the reality is, well, very French: leave the driving to the state. Let's have "national champions," such as the giant merger between two utilities, Gaz de France and its rival Suez - essentially a monopoly under government control. Sworn to competition, the E.U. won't like this. But Sarko has already attacked the independence of the European Central Bank, another pillar of the European construction...
...conservative line or because conservatives themselves are split. But the silence irks many Hispanic Evangelicals, 15% of the U.S. Latino population and growing. Says the Rev. Walter Contreras, a leader in the 1,200-member Network of Hispanic Pastors of Southern California: "We've always been on board with [Anglo] Evangelicals. How can they not be on board with an issue that means so much to us? Focus on the Family--how can you not focus on our families, which are being divided by deportations...
Germany is still far from being a freewheeling economy. It remains suspicious of Anglo-Saxon finance, for example, and has been seeking to curb the power of hedge funds. There's also little sign of substantive change in the historic--some say hide-bound--system of labor relations, under which unions are represented on the supervisory boards of companies. Kenneth Rogoff, a Harvard professor and former International Monetary Fund economist, sees Germany's improved fortunes as being largely the result of the private sector finding ways to bypass continuing structural roadblocks in the economy. The recovery "has legs," he says...
...Dutch have steered a middle way between irresponsible Continental generosity and practical Anglo-American stinginess. They have also, to lapse into pension jargon, split the difference between DB and DC plans. In a defined-benefit (DB) plan, workers are promised a retirement income, and the sponsor--usually a corporation or government--is on the hook to provide it. In a defined-contribution (DC) plan, the worker and sometimes the employer set aside money and hope it will be enough...