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...contract 3.1% on an annualized basis, according to the Toronto-based investment dealer CIBC World Markets. "I wouldn't be surprised if June was as bad as May," says CIBC economist Krishen Rangasamy, referring to Canada's trade deficit. He expects the country's balance of trade to begin improving in the fourth quarter, with annualized GDP growth of 2.5% and 2.1% in Canada and the U.S., respectively. That sounds promising, but it's largely predicated on a successful restructuring of GM and Chrysler and a rebound in consumer confidence in Canada and the U.S. If these prickly issues...
Beck, Glenn • outrage of that, "as our country burns to the ground," no questions were asked of Sotomayor at her confirmation hearings on Monday (since, despite the howling ignorance of, questioning was scheduled to - and, indeed, did - begin on Tuesday) • phone call from listener to unleashes shrieking lunacy...
...Thursday he pushed back against suggestions by U.S. Secretary of State Hilary Clinton that time is running out for Iran to sit down and negotiate with the U.S. over its nuclear-development program. He demanded that the U.S. apologize for interfering in Iran's elections before talks could begin. "They talked nonsense," he said. "They were rude...
Iran's ties with China, which have steadily grown over the past decade, have accelerated rapidly in the past 18 months. In December 2007, the Chinese oil giant Sinopec Group signed a $70 billion deal to begin drilling in Iran's Yadavaran field, which has estimated reserves of about 17 billion bbl. In January of this year, China's biggest energy producer, CNPC, agreed to develop a medium-size oil field called North Azadegan - a deal worth about $2 billion. And last month, while demonstrators were fighting pitched battles with paramilitaries on Tehran's streets, Iranian oil officials flew...
Eric-Emmanuel Schmitt, author and playwright I'd begin with a croissant and coffee at one of the many street cafés at Place du Grand Sablon. The Sablon is threaded with antique shops, old bookstores and art galleries. After breakfast, I take my Shiba Inu dogs for a walk in Forêt de Soignes - an immense forest in the center of Brussels that our former King gave to the city. I'd like a light lunch at a brasserie like Taverne du Passage, tel: (32-2) 512 3731, under the domed glass roof of the Galerie...