Word: continente
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But even if you doubt Lipp's 3.5% prediction, there's reason to think the Continent will handle a slowdown with relative grace. "Europe won't have the same kind of adjustment pressures that we have in the U.S.," said Hormats. That's because Europeans, in contrast to debt-addicted...
In the past seven months, B.C. Hydro has earned more than $700 million by selling power to energy-starved U.S. buyers--more than twice the $290 million earned from U.S. sales in the previous fiscal year. But this bounty hasn't come worry free. The intricate Canada-U.S. grid...
If international opprobrium doesn't prod Europe to throw open its doors, there are signs that economic self-interest will. Last November the European Commission declared that "there is a growing recognition that the 'zero' immigration policies of the last 30 years are no longer appropriate." Germany announced plans last...
Immigration is the subject Europe's politicians would rather not talk about. No issue generates more emotion, and few others seem as confounding to solve. Take a stand on either side of the debate, and you're bound to get burned. Vowing to act tough on illegal immigrants and false...
Let's say the countries in southern Africa finally mobilize the political will to take on AIDS. If they are able to use only their own money, these countries will be forced to write off those who are already infected. The best they can do is try to slow new...