Word: center
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...highly likely that it will be won by a Conservative Party, led by David Cameron, in which Euroskepticism seems as firmly rooted as it was when Margaret Thatcher gave her famous speech in Bruges 21 years ago. Cameron, who has taken his party out of the center-right European parliamentary grouping, annoying German Chancellor Angela Merkel and French President Nicolas Sarkozy, has promised a referendum on Lisbon if the treaty is not ratified by all E.U. members before the election. It probably will be; but even if Cameron resists pressure from his party to hold a vote, come what...
...banks and good hospitals, where female doctors are not unusual. "People used to say, 'Why is she working? Why does she need the money?' Now they say, 'It takes a woman to solve a problem,'" says Norah al-Malhooq, an administrator at King Faisal Specialist Hospital and Research Center in Riyadh. (See pictures of Prince Alwaleed observing Ramadan...
...pace of reform. "The idea is to delay the reforms based on the idea that society wouldn't accept drastic changes," says Mohammad al-Qahtani, a reform advocate and professor at the Saudi Foreign Ministry's diplomatic training institute. Awadh al-Badi, a political scientist at the King Faisal Center for Research and Islamic Studies, says the reason that King Abdullah and the royal family are still cautious on women's rights is that they themselves are products of Saudi culture. "It's a generational thing," al-Badi says. "The King is an 85-year-old Arab...
...that has been skewed by volatile markets)? A starting balance of $100,000 that was 60% stocks and 40% bonds in 1970 and was never rebalanced would have grown to $2.9 million by 2008. That same portfolio rebalanced annually would have grown to $3.5 million, according to the Schwab Center for Financial Research. Keep at least 25% of your stock allocation in foreign companies to hedge against a weak dollar and a lagging U.S. economy. Limit your Treasury securities to 10% of your bond holdings to hedge against a widely anticipated surge in government borrowing rates. (See 10 things...
...largest economies never to have held an Olympics--is the first Latin country developed enough to give the region a second chance. "The IOC decision is an embrace of Brazil's practical way of doing things," says Paulo Sotero, director of the Brazil Institute of the Woodrow Wilson Center in Washington, referring to Lula's unique hybrid of market economics and progressive social policy...