Word: closers
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...early days for the new team, of course. Van Rompuy and Ashton could surprise their detractors. "We should be ambitious," Ashton told TIME in late January. But for all that ambition, Europe is no closer than it ever was to answering Henry Kissinger's famous question: "Who do I call when I want to call Europe?" So what explains the gap between Europe's stated ambition in foreign policy and its performance? And how can that gap be closed? (Read an interview with Catherine Ashton...
That, it should be said, would be easier said than done. We should not forget: Europe is rich and democratic; its values are closer to those of the U.S. than those of anywhere else. But Europeans cannot rely on that shared sensibility to secure American favor forever. The world beyond Europe's borders is changing fast. What counts now, says Constanze Stelzenmüller, senior transatlantic fellow at Berlin's German Marshall Fund, is what Europe "can bring to the table." So far, it's bringing too little. Do Europeans want that to change? If so, now would...
...European theater was a case of massive armies arrayed against an unambiguous evil. The Pacific war was mainly fought by isolated groups of men and was overlaid by a sense that our foes were fundamentally different from us. In that sense, the war in the Pacific bears a closer relation to the complex war on terrorism the U.S. is waging now, making the new series a trickier prospect but one with potential for more depth and resonance. "Certainly, we wanted to honor U.S. bravery in The Pacific," Hanks says. "But we also wanted to have people say, 'We didn...
...past five years, the euro has floated between $1.45 and $1.55, in large part due to U.S. policies aimed at keeping the dollar undervalued so dollar-priced American exports would be more affordable abroad. Debt-spooked markets are now reversing that - something that could over time take the currency closer to the $1.15-to-$1.20 range that experts say is its true value. "The return to a euro-dollar balance of under $1.30 by the end of the year now seems possible," French bank BNP Paribas recently reported. Of course, those bargain American vacations Europeans have become used to taking...
...often thought of as sister vessels; they in fact belonged to two separate owners, but the error is understandable. Both ships were huge: the Titanic was carrying 2,207 passengers and crew on the night it went down; the Lusitania had 1,949. The mortality figures were even closer, with a 68.7% death rate aboard the Titanic and 67.3% for the Lusitania. What's more, the ships sank just three years apart - the Titanic was claimed by an iceberg on April 14, 1912, and the Lusitania by a German U-Boat on May 7, 1915. But on the decks...