Word: chancellor
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Dates: during 2000-2009
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...despite the pledges, E.U. leaders still face some tough decisions on how to implement the agreed measures. Industries have complained that they will have to bear most of the burden, and German Chancellor Angela Merkel has warned she will not sacrifice the German car industry on the altar of emissions cutting. A last-minute change to the summit conclusions said emission targets should be introduced so as to "avoid excessive costs for member states," potentially opening the door to backsliding. Mahi Sideridou, a Greenpeace policy analyst, said the agreement had offered little beyond "some misplaced protectionist language to appease heavy...
...Democratic politics provides a challenge to Tussaud's. Angela Merkel, elected German Chancellor in 2005, has been sculpted, but her figure is briefly on loan to Berlin. Her predecessor, Gerhard Schroeder, remains by popular demand. John Howard and Vladimir Putin make an unlikely, and dated, duo. Their successors, Kevin Rudd and Dmitri Medvedev, have not yet been commissioned, but are "very much on our radar," says Lovett...
...Liechtenstein, the enemy is clear. When German Chancellor Angela Merkel joined the debate recently, the local newspaper, Liechtensteiner Vaterland, said she was "using Liechtenstein like a whetstone to sharpen her claws." Günther Fritz, Vaterland's editor-in-chief, says, "We're not a very patriotic people, but under pressure from Germany, everyone is banding together." Bankgeheimnis - bank secrecy - may not stir the human soul the way liberté, egalité, fraternité does, but it seems to work in Liechtenstein...
...These things can happen. What is important is how they are dealt with when they do. There was a serious bank failure in the U.K. when Johnson Matthey Bankers collapsed in 1984, while I was Chancellor of the Exchequer. After a few days of abortive attempts to find a genuine private-sector rescue, I authorized the Bank of England to take over JMB, close the business, and sort out the mess, which it duly did. Northern Rock is a larger and more complex case, but the principles are the same. Instead, Brown and his Chancellor, Alistair Darling, spent five months...
...Lord Lawson was Britain's Chancellor of the Exchequer under Margaret Thatcher