Word: europeanize
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Dates: during 1990-1999
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...Genentech backed the idea. At the time, European researchers had reported that the biotech company's clot-busting drug, TPA, worked no better, yet cost far more, than the standard clot buster. If TPA was to survive, it had to quantify its benefits to insurers. With a fortune on the line, Genentech turned to Califf. Within two years, Califf and the Cleveland Clinic organized a network that enrolled 41,000 patients. Conclusion: compared with the standard drug, TPA saved more than 2,000 lives a year...
...strikes on Kosovo just got a little shakier: Italy's 55th government in 53 years collapsed Friday, after the country's parliament unexpectedly voted out Prime Minister Romano Prodi. But no matter who replaces Prodi, Italy is unlikely to deviate from its commitments to either NATO or the European Union. It was Prodi's economic austerity program that brought down his government, but his successor will be forced to adopt the same policies to comply with European Monetary Union membership requirements. "The government was brought down by a single member of a 625-seat parliament switching sides, so whatever coalition...
...President Clinton and European leaders on Tuesday urged the IMF to consider the human dimension of fiscal crisis, pressing the international body to pause before automatically demanding fierce budget cuts in borrowing countries. After all, the spread of poverty shrinks markets and economies, which in turn threatens Western prosperity. In other words, it pays to fight poverty...
...money,' because its volatile movement in and out of developing countries creates massive instability," says Baumohl. That news, and the IMF's impasse, won't generate much enthusiasm on stock markets. But Baumohl reports that "there's talk, once again, that the G-7 countries and most of the European Union plan to announce a coordinated cut in interest rates by the end of the year." And that would be the stock market equivalent of a shot of Viagra...
Unlike Everything but the Girl, whose smashing foray into electronica on their latest Walking Wounded represented a revolutionary addition to their delicate, acoustic lounge songwriting, Saint Etienne has been busily crafting taut electronic Euro-pop for nearly a decade now. If their sophisticated European following is any indication, Saint Etienne has all but captured the sound of sunny metropolitan luxury. However, only on their latest, utterly adroit album Good Humor has the band truly devised ravishing and flawless pop music in the most classic sense of the term. Boasting the lush, crisp sound that has evolved slowly from their first...