Word: communiques
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...Rather than confront this conflict head-on, both the Obama Administration and European leaders have agreed to effectively dodge the issue for now by adopting language, in a draft communiqué, that pledges all nations to take "whatever action is necessary until growth is restored." At the same time, White House aides have been arguing in recent weeks that the glass is half full, and that the real test will come only if a second round of stimulus efforts is needed. "There's been an unprecedented coming together around stimulating the global economy," says Michael Froman, one of Obama...
...crucially important event for the future of the global economy when it was first called just four months ago, it's now clear that this meeting is likely to be anticlimactic at best and, at worst, a dangerous failure. Clever civil servants are already working on a draft final communiqué that will suggest great progress has been made. A skeptical and worried world is unlikely to believe...
...deny one. "All the parties expressed confidence in the process and committed to implementing the agreement," South African President Kgalema Motlanthe told a press briefing in the South African capital Pretoria after the 14-hour meeting - the latest in a series of regional summits on the issue. An accompanying communiqué said agreement had been reached on key points, including the naming of MDC leader Morgan Tsvangirai to a newly created post of Prime Minister on February 11, and the shared control of the Home Affairs ministry, which controls the police, for six months...
...hopes to obtain in March, carries the stipulation that the company move quickly to find ways to produce smaller, more fuel-efficient models, which have long been Fiat's bread and butter. "A Chrysler-Fiat partnership is a great fit," said Chrysler chairman Bob Nardelli in the joint communiqué. "It creates the potential for a powerful new global competitor." Nardelli pointed to Fiat's "competitive, fuel-efficient vehicle platforms, powertrain and components" as well as its distribution outside North America, including sales networks in Asia and Latin America...
...French press accounts that did appear stuck to Michelin's own rather laconic communiqué announcing the appointment of German executive Julianne Caspar as the editor-in-chief of the company's 108 year-old Guide Rouge. Sagely, the reports avoided any moaning about German cooking or foreign assaults on la grandeur de la France. "Why should the appointment of Ms Julianne Caspar, someone who is clearly a hugely qualified traditional French cuisine proponent ... shock the French?" asked Anglophone French blog franceblogcom. "This blog and its French members are happy to learn that a woman, a German, has been selected...