Word: derfully
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...only is Germany edging ever closer to the 3% mark, but Gerhard Schröder, with a mixture of heavy-handedness and hauteur, has even muscled the Commission into withholding the obligatory letter of warning. How could he do this? If you run the biggest economy in the E.U., you can. Especially if you get two more biggies, in this case, France and Britain, to go along, or at least not to oppose...
...outcome is a victory of sorts for Schröder, who must face the electorate in September, but a disaster for Europe. If the preacher goes off the wagon, why should his flock stick to sobriety? How will the Commission be able to chastize Italy, Portugal and France, whose deficits are swelling, if it caved in to the Berlin bully? The euro, which since its inception in 1999 has plunged nearly 25% against the dollar, will surely not rise soon...
...unexpected in politics will remain a feature of 2002. The U.S. President's popularity rating is above 90%, the highest in the history of the republic. In Europe, many incumbents may not be so lucky. German Chancellor Gerhard Schröder, who faces an election in September, has seen his chances dented by the continuing economic slump. In France, Prime Minister Lionel Jospin and President Jacques Chirac will likely face off for the presidency in a contest that begins in April - but Jospin has been hit by France's failing economy and Chirac by corruption allegations. Asia...
...Freestyle: 1. Michael Peters (B) 15:51.70, 2. William Van Der Touw 16:01.34, 3. Michael Sabala...
...nearly a fifth of the vote in a Hamburg mayoral race recently for his new Law-and-Order Party, had threatened to field candidates nationwide if Merkel was the conservative choice, but not if Stoiber ran. Stoiber also takes a hard line on immigration, while Schröder has proposed a sweeping reform of immigration laws to allow more qualified foreign workers into the country. Voters have consistently shown themselves to be against increased immigration. If Stoiber should win, it could change the political climate in Europe. Along with Silvio Berlusconi, the Italian Prime Minister returned to power...