Word: berlin
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...this dynamic well. The renminbi - it means "the people's money" - is the place where China's control economy touches the free-market world. Just as tensions with the Soviet Union sharpened at places where systems collided, the same will be true of China: the renminbi is the new Berlin. It needs to be handled with appropriate sophistication by both sides, especially since it reveals a deeper tension. Chinese find it inconceivable that the dollar will be the only global reserve currency in 10 years; Americans find it inconceivable that it will...
...example of that tension, Frodon cited the assassination of a Jewish Warner Bros. representative in Berlin by the Nazis as early as 1934. “Of course,” he added, “Hollywood also had to consider commercial concerns,” given that many Americans had conflicted views of the war. “None Shall Escape,” for example, did well at the box office but was far from a breakaway...
...Germany, the scandal started in late January, when the rector of Canisius College in Berlin admitted there had been at least 50 alleged cases of sexual abuse at the élite Jesuit high school in the 1970s and '80s. The charges came as a surprise; Catholics in mainland Europe rarely challenge the priesthood. "The church was always more tightly controlled in Europe," says Gibson. "There's not the same kind of legal and journalistic advocacy as in the U.S." But the Canisius College scandal opened the floodgates; with at least 300 allegations of abuse, it's now estimated that...
...With reporting by Jeff Israely / Rome and Tristana Moore / Berlin...
...card shark, Merkel seems prepared to call Papandreou's bluff. The Greek leader had counted on the E.U. to collectively recoil in horror at the idea of his country's going to the IMF, but Merkel is effectively daring him to do it. Speaking to the German Parliament in Berlin last week, Merkel said that calling in the IMF "would probably have to be the way out right now if action were to be taken." She went on to say that the euro-zone countries should be able to kick out one of their own to avert a crisis...