Word: consensus
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...Bush's threat of unilateral U.S. action leaving the UN on the sidelines that got the Security Council to take up the Iraq issue last September and the Administration may now be hoping that reminding member states that Washington isn't bound by their consensus may pressure them into adopting a satisfactory disarmament resolution. The Administration's parallel assertion that Saddam will never comply implies that the UN process, in Washington's mind, is intended primarily to prove to the rest of the world that there is no alternative to invasion. But for many Europeans and Arabs, the UN process...
...former labor-union leader running for the presidency for a fourth time, is likely to defeat Jose Serra, the candidate of the governing coalition, in the runoff on Oct.27. Following the economic catastrophes in Argentina and Uruguay, American bankers fear that the commitment of Latin America to the Washington Consensus, the bundle of free-market policies that has been adopted on the continent since the late 1980s, may be in jeopardy. Given the exposure of U.S. banks and exporters to Latin America, that could translate into lost jobs and profits north of the Rio Grande...
...happens, the man who coined the term Washington Consensus, John Williamson of the Institute for International Economics in Washington, is a longtime expert on the Brazilian economy. When I spoke with him last week, Williamson sounded a lot more relaxed about the prospect of a Lula government than Wall Street seems to be. After years of failure, says Williamson, the Workers' Party is now electable precisely because its policies have "converged on the middle ground." Whatever its program may have been in the past, the party now seems ready to accept the strictures of the IMF and U.S. Treasury, including...
...more injured in another terrorist act in the Philippines. No one has been charged in either case. The Washington gunman continues to snipe away; he's such a shadowy figure that even the few eyewitnesses to his murders have been so completely unable to reach any kind of consensus about he looks like that police would not release a sketch. The culprits in all these acts wreak havoc only to vanish...
...This is a good year to generate a consensus,” Gross said in an interview last month. “There will be a tremendous amount of openness and [we will] then balance responses into a coherent policy...