Word: centralism
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...return of great-power nationalism more akin to 19th century Europe than to the end of the cold war. He is under no illusions about the fundamental differences between the U.S. and its increasingly formidable rivals, Russia and China, whose "rulers believe in the virtues of a strong central government and disdain the weaknesses of the democratic system." Kagan notes that "Russian leaders today yearn not for integration with the West but for a return to a special Russian greatness." As for China, its "trend towards regional hegemony is unstoppable" - and "Asia is not the E.U., and China...
...mortgage interest rates; the average rate on a two-year fixed deal with a modest deposit rose to 6.94% in April from 6.6% the previous month. Annual inflation in the U.K. hit 3% in April, well beyond the government's 2% target, making further cuts soon highly unlikely. The central bank offered in late April to swap around $100 billion of lenders' old mortgage debt for safer government bonds, but the effect on the housing market has been muted. "It certainly isn't going to reverse all the changes in lending policies we have seen in recent months, or restore...
...Also on display is the notorious "Dear Boss" letter, written in blood-red ink and sent to the Central News Agency. It purported to be from the murderer, promised more killings, and was signed, "Yours Truly, Jack the Ripper." The letter was republished by many papers, though police considered it hoax, possibly written by a journalist. Still, the name stuck. "It seized the public's imagination," Hoffbrand says. It also resulted in a torrent of other gruesome - and probably fake - letters being sent to newspapers and police, each purporting to be from the killer...
...Swiss law to put a constitutional amendment to a national vote. It seeks to overturn a 2003 Federal Court ruling that deemed ballot box votes on naturalization an infringement on the rights of would-be citizens. The decision was handed down after residents of the town of Emmen in central Switzerland repeatedly voted to reject citizenship applications from non-Western European nationals living in their midst...
...People left homeless by the quake are now housed in 2,885 locations. They are spread across the disaster area; few have any idea of when they will be able to return home. Many towns and cities in this part of central Sichuan province were ravaged by the tremor, and along with the buildings that were flattened, many more will have to be demolished...