Word: euro
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What's at Stake: a 20-euro ($26) charge for an allegedly overweight...
...Maurice Chevalier compliments the emcee paid the female judges, the Bocuse d'Or is nothing if not French. But because it is also a kind of culinary Olympics, with teams from 24 countries competing over two days for a gold trophy that brings unmatched prestige and a 20,000-euro prize, the contest is imbued with nationalist rivalries that extend from the fans in the bleachers to the flavors on the elaborate platters. In fact, for the young chefs who compete in the contest, founded 22 years ago by Paul Bocuse, one of France's most revered chefs, navigating...
...damage to the British psyche is almost as far-reaching as the impact on the economy. And right now sterling's losing its shine. In the past year, the U.K. currency has lost about a fifth of its value against the euro, the currency used in much of the rest of Europe, and 30% against the dollar. Causes aren't hard to come by. Worries over Britain's fast-shrinking economy, plunging interest rates, a wobbly banking sector and creaking government finances have driven traders to dump the pound. "I would urge you to sell any sterling you might have...
...That feeling of impending doom is speeding the collapse in sterling's value, and prompting renewed discussion about whether Britain should ditch the pound for the euro, which this month celebrated its first 10 years...
...British public, long a Euro-skeptic bunch, are having none of it. According to a January poll by ICM for the BBC, 71% of Britons remain opposed to adopting Europe's single currency; more than two-thirds said the pound's slide made no difference to their thinking. "There's a long sentimental attraction to a coinage that has been around for such a large part of our history," says Nicholas Mayhew, a professor of monetary history at the University of Oxford's Ashmolean Museum. "I'd be surprised if all that is lost in a matter of months...