Word: britain
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Still, in a country where being called Anglo-Saxon is often an insult, Sarkozy is openly admiring of the ability of Britain and the U.S. to create jobs. He promises to deregulate France's labor market and lower the nearly 9% unemployment rate, one of the highest in Europe and almost double that of Britain's. During a May 2 debate with his Socialist opponent, Ségolène Royal, he lauded Britain--along with Ireland, Sweden and Denmark--for its success in combatting unemployment. That sort of attitude drew flak during the campaign--opponents tried to paint...
...past decade. Brown is unlike Sarkozy in that his ambition has been evident since his youth. The son of a Scottish Presbyterian minister, Brown so excelled at school that he was accepted into the University of Edinburgh at age 16, then worked his way up through the ranks of Britain's Labour Party at a time when it was still saddled with socialist dogma...
There's certainly a lot of lost ground to make up. France has languished in the economic doldrums for the past few years, even as Britain has caught up and overtaken it. In 2002, according to statistics of the Organization for Economic Co-operation and Development, Britain's national income per capita exceeded France's for the first time, and since then the gap has grown sharply. Brits, long the poorer neighbors, are now on average 10% richer than the French. That's one important factor feeding a deepening mood of pessimism about the future in France--a mood that...
...health system, up to French levels. (The French have their own problems extracting value for money from their hospitals, but at least patients don't need to wait six months for a nonemergency medical procedure.) Both countries have a spending problem: French national debt has quintupled since 1980, while Britain is running a budget deficit equivalent to 3.5% of its GDP, according to Peter Spencer, an economics professor at the University of York. While consumer spending has helped fuel Britain's powerful growth, Spencer says, "the bottom line is that we are all living beyond our means...
...will attend the June summit of the Group of Eight major industrialized countries - the U.S., Britain, France, Germany, Japan, Italy, Canada and Russia - hosted by Germany, which has made climate change a top priority on the agenda...