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...KLESTIL, 71, Austrian President; two days before the end of his second six-year term; in Vienna. After three-and-a-half decades as a diplomat and public official, Klestil was elected to the post that had been tarnished by the Nazi past of his predecessor Kurt Waldheim. In contrast, Klestil spoke out against Austrian complicity in the Holocaust, paid the first visit by an Austrian President to Israel, and opposed the Austrian nationalist Freedom Party's participation in the government. Klestil, shown below, is succeeded by Heinz Fischer, who was elected in April...
...that burden wouldn't just help taxpayers; it could help the entire euro zone, which is suffering from a long-term decline in economic vibrancy. While growth in the E.U. averaged about 3% per year in the 1970s, it slowed to 2% in the 1990s. In the U.S., by contrast, it has remained steady at an average of 3.2%, according to the Paris-based Organization of Economic Cooperation and Development (O.E.C.D.). How do high taxes drag down the rest of the economy? Look at the "tax wedge" - the difference between what it costs to employ a worker (wages and social...
...fears that Hong Kong's way of life would be threatened after the handover of sovereignty from Britain to China in 1997. Last year's march followed an awful year in which the city had been by paralyzed by an economic slump and the SARS epidemic. This year, by contrast, Hong Kong turned out to celebrate and demand democracy, calling for the popular election of the territory's Chief Executive in 2007 and for universal suffrage in the vote for the Legislative Council in 2008. (Beijing, which has the ultimate say on what is allowed in Hong Kong's political...
...fears that Hong Kong's way of life would be threatened after the handover of sovereignty from Britain to China in 1997. Last year's march followed an awful year in which the city had been by paralyzed by an economic slump and the SARS epidemic. This year, by contrast, Hong Kong turned out to celebrate and demand democracy, calling for the popular election of the territory's Chief Executive in 2007 and for universal suffrage in the vote for the Legislative Council in 2008. (Beijing, which has the ultimate say on what is allowed in Hong Kong's political...
...there, ready and waiting. The three-vehicle convoy enters the screen and is followed down a crowded little street. As the lens zooms in the vehicles erupt in a blistering ball of flame. Three bystanders are seen turning their backs from the blast, attempting to cover their heads. In contrast to other videos of insurgent attacks, the cameraman does not flee. Instead he holds his position and zooms in on the burning suicide vehicle and the flaming SUVs. Survivors can be seen moving from the vehicles and attempting to take cover...