Word: europeanizer
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...paychecks will shrink as work migrates to places where it can be done for lower pay. They will need a safety net to catch them. "Displaced workers deserve retraining," says Stephen Roach, for what he calls "the inevitable global labor arbitrage." American policymakers could borrow a page here from European nations, who have been much more successful and imaginative at building social safety nets...
...attractive to foreign investors. U.S. interest rates are higher than those in Continental Europe and are much higher than Japanese rates. Similarly, U.S. stocks look better by comparison. Measured in euros or pounds, the S&P 500 index is up less than 50% from its October 2002 lows, while European markets have more than doubled. Plus, Standard and Poor's recently reported that 44.2% of the revenues of companies in the S&P 500 index were generated abroad, up from 32% five years ago. With almost half of their revenues being earned in foreign currencies, these firms make tempting purchases...
...Katinka Barysch, deputy director of the London-based Centre for European Reform, says Russia is simply flexing its muscles. "Russia's main objective at the moment is to establish itself as a great power, to gain the respect of its international peers," she says. The country's new confidence is founded on its oil and gas reserves, which it has used for political leverage. "There's been a lot of pressure on governments to go soft on Russia because it's seen as an important new economic player," says Denis MacShane, Britain's Europe Minister from 2002-05. And Western...
...Anti-Ballistic Missile system (ABM), a shield against missiles that rogue countries, Iran in particular, may be able to launch in future. In addition to ABM, which Putin considers a threat to Russia, NATO failed to ratify the Conventional Forces in Europe Treaty (CFE) - a key European arms control treaty that has been regulating the deployment of troops and the monitoring of weapons systems on the continent since 1990. Still, the Kennebunkport meeting was full of good cheer, great fishing and conciliatory hints that these newly risen U.S.-Russian tensions would soon ease...
...rest of the world may not. The European Union and NATO have already expressed their regrets about Putin's action. "It is a step in the wrong direction," NATO spokesman James Appathurai said in Brussels...