Word: europeanizer
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...will Beckham be alone among waning stars in crossing the Atlantic: His deal was made possible by change in MLS rules to allow each team to sign one player outside of the limits of an existing salary cap that prevented Americans teams from offering rewards that would tempt many European stars...
...European Champions' League is a kind of global soccer equivalent of Major League Baseball. And Beckham joining the L.A. Galaxy as the equivalent of a Ken Griffey, Jr., choosing, in the waning years of his playing career, to sign a last lucrative contract with a franchise in Japan - certainly good for the game in Japan, but more a testament to a player's declining abilities than to the talents he exhibited in his prime...
...tragic. every European acquaintance I asked about the Iraq invasion, including a German air-force general, said it would only make things worse. It was that simple. I'm surprised that Henry Kissinger, Colin Powell and others didn't have that insight. I am afraid the fear of being labeled un-American and soft on terrorism was enough to quiet the voices of many in Washington who knew better. Jim Buckley Garmisch-Partenkirchen, Germany...
Winning influential fans has also been crucial to Bionade's success. Sarah Wiener, one of Berlin's top chefs, serves the drink in all three of her pan-European restaurants. "It's a great idea. The timing was right," she says. In 2002-03, Bionade sold 2 million bottles. By 2006, it was available in Switzerland, Austria and the Benelux countries, and sold 70 million. Leipold, now 69, is relieved the company's faith in its product is paying off. "We were just too early," he says...
...financial crisis happened even faster. Within days of the Austrian ultimatum, the delicate web of international credit was torn to shreds. German trading companies ceased to remit the money they owed to brokers in London. European investors rushed to withdraw their money from New York. As nervous banks called in loans, panic selling swept the world's financial markets. But the further asset prices fell, the worse the crisis became. Securities that had been the collateral for immense pyramids of debt were suddenly unsellable. The central banks had to admit they lacked the means to stem the outflow. The only...