Word: europeanate
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...Tory RisingIn her profile of british conservative leader David Cameron, Catherine Meyer failed to note that the United Kingdom is effectively governed by the European Union in that about 70% of the laws enacted by our Parliament are required to comply with E.U. regulations. Within a few years, after the provisions of the Lisbon Treaty are progressively brought into effect, our subordination to the E.U. will be complete. Regrettably, that final outcome accords with the Conservative Party's consistent policy since the Prime Ministership of Edward Heath, who took Britain into the European Economic Community in 1973. The Conservatives have...
...back in 1998," says Eric Berglof, chief economist at the European Bank for Reconstruction and Development in London, who reckons the financial-market problems will result in a "smallish blip" in the economy rather than any bigger meltdown. Certainly, the situation today is very different from a decade ago, he and others point out: Russia currently has a whopping $550 billion in foreign-currency reserves, a hefty budget surplus, a negligible national debt and an economy that remains on course to grow by 7% this year. The fount of much of the nation's newfound wealth...
...forest, allowing Brazil to start reducing its epic social inequality. Economic strength has also allowed the country to flex its diplomatic clout as the hemisphere's first real counterweight to the U.S. Lula led the creation of a bloc of developing nations, the G-20, to thwart U.S. and European hegemony in global trade talks. "I believe implicitly that Brazil has found its way," Lula told Time at the Planalto presidential palace in Bras?...
Jose Manuel Durao Barroso, president of the European Commission, called for an alignment of U.S. and European interests in an “Atlantic agenda for globalization” at a lecture on the evolving relationship between the United States and the European Union yesterday. The lecture, entitled “A Letter from Brussels to the Next President of the United States of America,” is part of the “Challenges of the 21st Century” series organized by Renée Haferkamp of the Center for European Studies. But despite the politically-charged...
...signaling to the rest of world that it is a first-rank space power," says Dean Cheng, China analyst with the CNA Corp., a U.S.-based think tank. "It is capable of doing things only the U.S. and Soviet Union have done. It is ahead of Japan and the European Space Agency in terms of space flight...