Word: canadas
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Dates: during 2000-2009
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...Walling off Israel TIME's cover story won kudos, but many objected to the cover image: Extremely poor taste: the barbed wire evokes Europe's wartime ghettos, which bear no parallel to the situation in Gaza. Alberto Quiroz, MISSISSAUGA, CANADA...
ALEX TREBEK to host Canada's Next Prime Minister reality show. Look fierce, Jean Chrétien...
When it comes to soft power--the power to persuade, not coerce--things are little better. True, anti-Americanism is abating as brand Obama rejuvenates brand U.S.A. But popularity is not the same as power (ask Canada or Sweden). In the 1990s, American soft power was based on more than goodwill; it was based on economic and ideological hegemony. There was only one widely accepted path to prosperity--deregulated, American-style capitalism. And there was one central destination for a poor country seeking the investment and aid it needed to travel down that path: Washington. The U.S. and its allies...
...which GM was forced to buy itself out of the cumbersome put option in its alliance with Fiat. The then brand-new CEO of the Turin company, Sergio Marchionne, emerged as a tough-as-nails dealmaker as he sat across the table from top GM executives. The Italian-born, Canada-raised Fiat chief told his American counterparts they would cough up the full value of the put option or battle it out in court. GM blinked, and the huge payout added to its accumulating troubles that today leave the American auto giant struggling to avoid bankruptcy...
...feel about Washington. And that's actually good news for Obama, whose first regional summit, fittingly, will be the Summit of the Americas, to be held in Trinidad in April. (Obama already met with Mexican President Felipe Calderón earlier this week and has said he will make Canada the destination of his first foreign visit as President.) Improving relations with the western hemisphere - as an early item on his diplomatic agenda and not as an afterthought, as most U.S. Presidents approach it - could turn out to be a relatively easy way to prime the pump for better relations...