Word: blocs
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Dates: during 2000-2009
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...growing as vigorously as a guava tree in the Amazon rain forest, allowing Brazil to start reducing its epic social inequality. Economic strength has also allowed the country to flex its diplomatic clout as the hemisphere's first real counterweight to the U.S. Lula led the creation of a bloc of developing nations, the G-20, to thwart U.S. and European hegemony in global trade talks. "I believe implicitly that Brazil has found its way," Lula told Time at the Planalto presidential palace in Bras?...
...points of convergence," says Christopher McMullen, Deputy Assistant Secretary of State for Western Hemisphere Affairs. But while Lula bonds with Bush over biofuels--Brazil is a global pioneer in that area--he's also huddling with Chávez over plans to turn South America into an integrated economic bloc along the lines of the European Union. Lula, in fact, is one of the few leaders both Bush and Chávez will listen to. "I joke with them and tell them their fight is very weird," Lula says, "because oil makes them so dependent on each other...
...from more than 20 different countries. ShContemporary ranks as Asia's first international art fair, and the fact that it takes place in Shanghai is no coincidence. Shanghai may be in China, but its ambitions have always extended beyond the Middle Kingdom. Note, for instance, that China's regional bloc with the Central Asian nations - the People's Republic's only formal attempt at international alliance-making - is called the Shanghai Cooperation Organisation. Of course it's simply named for the city where it was inaugurated, but the point for proud locals is that the Chinese government chose to host...
...everyone will go along. A bloc on the far right of the Republican Party will say no because they are philosophically against it (and because they are from securely red districts or states); Kentucky Senator Jim Bunning, using his typically heightened rhetoric, went so far as to call the proposal "un-American." And a group on the left will oppose it because they see it as a bailout for Wall Street executives (and because they're from securely blue districts or states). But it seems clear that Paulson and Bernanke managed to hit the mark with their three pages...
...Brazil one of the world's largest crude producers - the economy is growing vigorously, and the nation's notorious social inequality is receding. What's more, Brazil is flexing a newfound diplomatic clout as the hemisphere's first real counterweight to the U.S. (Lula led the creation of a bloc of developing nations, the G-20, to thwart U.S. and European hegemony in global trade talks.) "I believe implicitly that Brazil has found its way," he told TIME in a rare interview at the Planalto presidential palace in BrasIníciolia...