Word: europeanate
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...managerial expertise and a local currency that is not convertible, which makes it cumbersome to mobilize yuan assets to acquire and grow overseas businesses. Recent purchases by Chinese financial institutions have not turned out well. Insurer Ping An, which paid $3.5 billion for around 5% of Fortis, a European financial group, has decided to write off most of that investment after Fortis' share price fell 78% in the fourth quarter...
...society that has been deliberately reduced to a state of abject destitution, its once productive population transformed into one of aid-dependent paupers. This context is undeniably one of mass suffering, created largely by Israel but with the active complicity of the international community, especially the U.S. and European Union, and the Palestinian Authority in the West Bank...
...Although surrounded by Bauhaus beauties, the Montefiore is actually a renovated mansion from the earlier 1920s Eclectic period, festooned with a mishmash of European, Ottoman and Arab architectural motifs - from bijou Juliet balconies and an intricate filigreed façade to soaring Levantine arches and domes. Owners Mati and Ruthie Broudo have kept the rooms period-appropriate using antique 1930s furniture, including original pieces by German Bauhaus design firm Thonet. (See Time.com/Travel for city guides, stories and advice...
...Europeans often grumble that the European Union is run by anonymous apparatchiks. Surely they're not referring to Prince Emanuele Filiberto of Savoy, grandson of Italy's last King, who is campaigning for this week's European Parliament elections. Or to Rickard Falkvinge, the founder of Sweden's Pirate Party, whose campaign rallying cry is for free file-sharing over the Internet. Or to Elena Basescu, a.k.a. Romania's Paris Hilton - the flashy It girl, who happens to be the daughter of the Romanian President, also wants to become...
...With candidates like these, it's easy to forget that the European Parliament shapes Europe's policies on vital issues like climate change, banking rules and immigration law. Yet when elections roll around every five years, the august body can feel like a free-for-all for fringes, freaks and fanatics. (See pictures of how climate change is affecting Europe...