Word: european
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...common vision of what needs to be done - and a sense of urgency, too. In the past, entrepreneurs and other professionals largely avoided politics. Now they are increasingly influencing policy and demanding better leadership. Their impact, and their importance to Africa's future, haven't gone unnoticed. A European delegate with substantial African interests was asked which African investments he'd recommend. He replied: "Anything that supports the new middle class." Richard Dowden is director of the Royal African Society. His book, Africa: Altered States, Ordinary Miracles, will be published in September
Spurred by the weak dollar and the strong euro, European travelers to the U.S. have been lapping up everything from Gap boxers to iPhones to luxury condos in Palm Beach, Fla. Now a top Italian real estate investor has nabbed one of the crowns of New York City property, a sale that echoes the Japanese purchase of Rockefeller Center in 1989. Valter Mainetti has confirmed to TIME that his company, the Sorgente Group, has acquired a majority share in Manhattan's historic Flatiron Building...
...When it comes to trash, Britain, like much of the world, needs help. Its reputation as a green and pleasant land is at risk from the 16.9 million tons of trash it tossed into landfills last year - that's more than any other country in the European Union. The Local Government Association recently warned that despite devoting 109 square miles to waste burial, Britain may run out of landfill space within nine years. Aggravating the problem for local communities are E.U. regulations due to take effect in 2010. To curb the release from landfills of methane, a major greenhouse...
...Schwartz's ascension comes at a critical time for the Air Force. Beyond loose nukes, it has been dealing with fallout from its decision to award a $35 billion next-generation aerial tanker contract to a firm partly owned by a European consortium instead of the Boeing Co. That choice has generated howls from Capitol Hill, and the Government Accountability Office will rule on the propriety of that award later this month. Gates has been upset over the Air Force's failure to provide more unmanned drones to funnel additional intelligence to the U.S. troops now fighting in Afghanistan...
...school because they worry that when they come home, it will no longer be there." It's a valid fear: City authorities plan to demolish their homes as part of a controversial urban renewal project to tidy up Istanbul in time for its stint as 2010 European Cultural Capital...