Word: chancellor
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...become untenable. As to Europe, though Blair (and Bush) have allies there, among them the Spanish Prime Minister Jose Maria Aznar, the British leader has been blindsided by the revival of the Franco-German alliance, manifested last week by the joint declaration of French President Jacques Chirac and German Chancellor Gerhard Schroder of their opposition to military action. If Britain is yoked to the U.S. in an unpopular, messy war, it is France and Germany - not Britain - that will shape the future...
GERMANY Trouble At The Polls Just five months after he secured his second term in office by just 6,000 votes, German Chancellor Gerhard Schröder faces two key state elections this weekend. Polls suggest the opposition Christian Democrats (CDU) are likely to win in both the central state of Hesse, where they're already in power, and the northern state of Lower Saxony, a Social Democratic (SPD) stronghold for the past 13 years. Losing Lower Saxony would be especially humiliating for Schröder, who ran the state as premier from 1990 until 1998 when he became Chancellor...
Sometimes the E.U. seems like a union of two. last week, for instance, French President Jacques Chirac and German Chancellor Gerhard Schröder left other members of the European Union out in the cold when they topped a meal at the Elysée Palace with a deal that could shape the Union for decades to come. They proposed an unwieldy double presidency as a way to make the E.U. more democratically legitimate, transparent and efficient. This is not the first time that the holder of the six-month rotating presidency of the European Council, currently Greece, looked...
...like-for-like retail-sales growth fell from 4% in October to 1.7% in December. Should consumer spending tank in Britain, though, the government still has one distinct advantage over its euro-zone neighbors - the ability to spend what it likes without running afoul of Brussels. In 2002, Chancellor Gordon Brown unleashed a raft of spending initiatives that will underwrite GDP growth of almost 2% this year. To listen to economists, there are two things that could help lift Europe out of its doldrums. In the short term, there's a war. Not a protracted, recession-inducing...
...Home Secretary in Britain who pushed reforms on divorce and homosexuality before helping to found the Social Democratic Party in 1981; in Oxfordshire, England. A distinguished journalist and acclaimed biographer, Roy Jenkins penned Gladstone (1995) and Churchill (2001). In 1987 Jenkins was made a life peer and elected Chancellor of Oxford University. He served as a mentor to Prime Minister Tony Blair, who described him last week as "one of the most remarkable people to ever grace British politics...