Word: europeanization
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...warned in late November that they must meet mandated capital requirements or risk sanctions, a strong sign that Beijing is worrying over the possible fallout from its stimulus program. China also faces a tough choice on its currency regime. The government is under increased pressure from the U.S. and European Union to allow the yuan to appreciate, though policymakers remain nervous about the negative effect that could have on its struggling export sector. China "is like watching a duck swim," says Giles Chance, author of the recently published book China and the Credit Crisis. "On the surface it seems fine...
...candidate for the Chamber of Parliament. Papi Silvio would take care of that." Last year, Berlusconi formalized the politics-showgirls link, appointing Mara Carfagna, 32, a former velina and topless model, as his Minister for Equal Opportunities. This summer his party nominated four young starlets as candidates for the European parliamentary elections. "The idea was to make the party younger," says Elisa Alloro, a 33-year-old television presenter who was initially proposed as a candidate, and is the author of We, Silvio's Girls. "It was the first time in Italy that people were interested in the European elections...
Will the velinization of Italy continue? There are some signs of a backlash against it - and Berlusconi. Earlier this year, two women parliamentarians argued that he had breached the European Convention of Human Rights for his "repeated statements that offend female dignity." Lorella Zanardo, a management consultant and former Unilever executive, grew so disgusted with the scenes of degradation on Italian television that she made her own video to raise awareness of the problem, splicing together clips from shows. The closing shot, from a show called Joking Apart, shows a woman in a thong hung on a hook...
...exit strategy. What was once anathema - talking to an enemy that was overthrown by U.S. forces in 2001 in retaliation for sheltering Osama bin Laden's al-Qaeda network - is now gaining acceptance, as the generals realize that military tactics alone will not win this war. For many U.S., European and U.N. diplomats as well as Afghan officials, talking with the Taliban seems to be the fastest, and perhaps only, way out of the quagmire. (See pictures of the battle against the Taliban...
...Europe has also had its eyes on Turkmenistan's gas as a way of lessening its dependence on Russian fuel. But a plan by several European countries to build a natural gas pipeline through southeastern Europe and Turkey has been delayed for years by wrangling over financing and the route. The Nabucco pipeline, as it's known, will eventually link up with another planned pipeline connecting Turkmenistan and Azerbaijan beneath the Caspian Sea. But, at the current pace, construction may not be completed for years. (Read: "Why Europe Can't Abandon Russian...