Word: cementing
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...America." In the other, he attacks Bush's Iraq record and promises to "reach out to the international community" to share the burden there--a position that most voters will find to be indistinguishable from Bush's of late. Those are not the kinds of spots that will help cement the support of voters like Krystal Brown, an 18-year-old nursing student at the University of Arkansas. "I am against Bush," says Brown. "I am going to vote for--what is his name...
...country, he said, adding that Turkey would not be a burden to the E.U. "but a new stimulus for economic dynamism." Erdogan's desire to join the E.U. is rooted in economics - even the start of negotiations could sharply boost investment - as well as the need to cement democratic institutions in Turkey, where his pro-Islamic ruling party is at odds with the military and security establishment. German Chancellor Gerhard Schröder reaffirmed his own commitment to Turkey's European dream. "You can rely on Germany's willingness to keep its word," he told Erdogan in Cologne. Erdogan...
...sugar prices 50% higher. A headline in Gazeta Wyborcza, Poland's leading daily, called it white fever. The more affluent Czechs have been slower to catch on, though by mid-April they, too, were hoarding sugar and rice. Is the panic justified? Yes and no. Prices for everything from cement to dry cleaning to bananas will go up as vat rates rise and other duties take effect in line with E.U. rules. But rising prices will be partly offset by cheaper imports of potatoes, French wine, Spanish olives and Italian pasta. "There is no need to panic," says Mark...
...things don’t exist doesn’t mean that they aren’t incredibly powerful rallying points. Santa Claus almost single-handedly incites massive consumerist frenzies during the holiday season. Likewise, polls and their “general public” do as much to cement massive conformity as they do to highlight differences in opinion...
...Beijing has ordered the country's banks to lend less to overheated sectors, including steel, cement and aluminum, and earlier this month dispatched inspection teams to seven provinces to ensure its dictates are heeded. Will it work? In Anhui, Hangxiao Steel recently increased its savings in case loans dry up. That's a good sign: if companies start borrowing less, growth might moderate to a more sustainable pace. From New York to Tokyo, savvy economists will do well to keep a watchful eye on places like Anhui. Now that China is at the heart of the global economy, the future...