Word: bonneli
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...James Graff: Well, they're going to go ahead with the talks scheduled for Bonn in the summer that had been scheduled to discuss mechanisms of implementing Kyoto. The Bush administration had twice asked that those talks be postponed to allow it to participate, and it appears that the Americans plan to be there. There's obviously some fear among the Europeans that the U.S. will now simply try to block everything at Bonn...
...organic ones, have reservations. "We're very happy with what she says, less happy with what she's doing," says Thomas Dosch, president of Bioland, the largest association of organic farmers in Germany. Their complaint: Künast has done little to reform the Agriculture Ministry, which stayed in Bonn when the government moved to Berlin. As a result, Dosch says, the ministry remains dominated by old-style officials who give short shrift to new farming methods...
...mechanisms will evaporate without global ratification, thus setting up an early environmental test for President Bush, who campaigned against the document. But Secretary of State Colin Powell has already heard preliminary briefings on the matter as the U.S. preps for the next round of talks, to be held in Bonn in mid-July. Bush the First helped pioneer credit trading in 1990, when he signed legislation that capped power plants' sulfur dioxide emissions--the main ingredient in acid rain--but allowed the plants to swap credits. And Houston-based Enron, an energy trader whose chairman, Ken Lay, was a prominent...
...intricacies of foreign exchange don't really matter here, but the fallout does. For globetrotting Americans from Barcelona to Bonn, things are 25% cheaper than at home. The strong buck also means that European goods cost less in the States, which helps hold down inflation and interest rates...
...finishing third behind the communists. With the eastern state of Saxony due to vote Sunday, the party is bracing for more bad news, and resistance to Schroeder?s leadership is mounting. "Schroeder?s reforms are drastic, even compared with the conservative Christian Democratic government that preceded him," says TIME Bonn correspondent Ursula Sautter. "The Christian Democrats could never have tried to do what the Social Democrats are attempting now ?- they?re hardly criticizing his welfare plan because they know it needs to be done, and they tried to do it themselves, although a lot more slowly...