Word: european
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...your articles about the political events that led up to regime change in Central and Eastern Europe, we Hungarians are very proud of our contribution. We have just celebrated the 20th anniversary of the Pan-European Picnic: the opening of the border with Austria that allowed hundreds of East Germans to cross to the West. But this was preceded by many other events, such as the demonstrations by tens of thousands of people in Heroes' Square in Budapest in the summer of 1988 against Ceausescu's bulldozing of ethnic Hungarian villages in Romania, at a time when gatherings by just...
There is another lesson in Wiedeking's downfall, a lesson unlikely to be lost on automotive executives, investment bankers or even European Union bureaucrats: Volkswagen is not just any German company. Wiedeking lost his bid for control of VW when he lost the support of Ferdinand Piech, the VW supervisory board chairman who initially backed a Porsche takeover. Piech realized that Christian Wulff, the premier of the state of Lower Saxony, which holds a blocking stake in the carmaker, would not support a takeover. All Wulff had to do was use the so-called Volkswagen...
...European Union has tried to topple the VW law, which it calls protectionist, but in 2008 Germany passed a revised VW law that granted Lower Saxony a veto right in the event of a takeover attempt. Wiedeking underestimated Wulff and the political nature of the battle. That made failure almost inevitable. Still, the money will help soothe his current woes...
...study, Faced with a Gun, What Can You Do?, raises questions about the involvement of nearly 240 companies spanning the mineral, metal and technology industries. It specifically fingers four main European and Asian companies as open buyers in this trade: Thailand Smelting and Refining Corp. (owned by British Amalgamated Metal Corp.), British Afrimex, Belgian Trademet and Traxys. And it questions the role of others further down the manufacturing chain, including prominent electronics companies Hewlett-Packard, Nokia, Dell and Motorola. Even though the companies may be acting legally, Global Witness criticizes their lack of due diligence and transparency standards at every...
Biden expressed continued support for Georgia's push for NATO membership but was careful not to be pinned to any timetable. The Obama Administration wants to be able to say that it supports Georgia's goal, safe in the knowledge that the Europeans, who blocked it even when Bush pushed hard, will not allow it to happen. The Western European NATO countries see Saakashvili as unstable and impetuous, and blame him for presenting Moscow with a pretext for its military humbling of Georgia...