Word: capitalisme
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What's needed? At the U.N. on Thursday, institutional investors from the U.S., Europe and Australia who represent more than $13 trillion in assets called for Congress and other policymakers to take swift action, principally through a cap-and-trade bill, which would limit the amount of carbon industry can...
Asterix and the Barbarians Re Leo Cendrowicz's article "Indomitable Gaul" [Nov. 30]: Asterix' broad appeal in France stems less from a symbolic political struggle against globalization and capitalism than from a cultural struggle against invaders, be they Roman conquerors, American pension funds or Chinese truffles. Patricia Tutin, PARIS
Which means that the more salient question might actually be: Who is Nicolas Sarkozy? The answer depends on when you study him. Is he the man elected President in May 2007, who immediately set out to lower income taxes, scrap France's 35-hour workweek, revoke special retirement privileges for...
Take international affairs. During the first year of his presidency, Sarkozy's frosty relationship with German Chancellor Angela Merkel led him to downgrade the Franco-German relationship that has traditionally been central to French policy in Europe and instead cultivate closer ties with the U.K. But in April, ahead of...
Dubai, the Arab world's glittering, golden embodiment of capitalism, is broke. On Nov. 25, the emirate announced it would postpone payments on some of its $80 billion in debt, sending markets into a tailspin.