Word: britishers
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...extent, a global role for the yuan appears inevitable. How widely a currency is used around the world is usually a function of how important its home country is to the global economy. During the 19th century, when the British Empire reigned supreme, the pound was the top international currency. Since World War II, that role has been played by the dollar, with the U.S. having by far the world's biggest economy. Now that China is rapidly charging up the list - it currently ranks third and could overtake Japan as No. 2 as soon as next year - there...
...instances of reconciliation go, it lacks the momentous significance of the Camp David talks. But when Spanish Foreign Minister Miguel Ángel Moratinos sits down for trilateral talks with his British and Gibraltarian counterparts on July 21, it will represent a small milestone in a centuries-old conflict. For the first time in 300 years, a Spanish minister will set foot on the Rock...
...Ever since the 1713 Treaty of Utrecht gave Britain sovereignty over the craggy outcrop that juts from the southern edge of Andalusia, Spain has been trying to win Gibraltar back. And Gibraltar, which has voted to maintain British sovereignty, isn't happy about it. Over the centuries, the conflict has taken the form of a handful of failed sieges, a 1960s appeal by Spain to the U.N. to include Gibraltar in its decolonization measures, and endless expressions of outrage over everything from docked nuclear submarines to a visit from Princess Anne. The 2006 creation of a Tripartite Forum for Dialogue...
...hardly furthered the meeting's cause himself, however, when one week before its scheduled start, he issued a public statement reminding local boat owners that despite the European Commission's environmental ruling, Spain has no police jurisdiction in Gibraltar's waters and so "all requests by Spanish authorities within British Gibraltar Territorial Waters to board vessels ... should be refused." The call to what some Spaniards saw as open rebellion threw the talks into disarray; the Spanish press reported on Thursday, July 16, that diplomatic sources saw little likelihood of the meeting's going ahead...
...Mandelbaum of the School of Advanced International Studies at Johns Hopkins University says resistance in the face of adversity is a key quality in a leader. He cites Thatcher, whose sheer bloody determination saw off a hostile intelligentsia, a party that sometimes treated her with all the condescension the British once reserved for clever women, and entrenched interests that fought her economic and social reforms. Before he became Prime Minister in 1996, Australia's Howard had been turfed out as leader of his own party, and when asked if he might ever lead it again, he said such an event...