Word: europeanizer
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They studied the three-month period leading up to either a World Cup or a European championship title match, dating back to 1992. Their portfolio of 11 stocks beat the market six out of seven times--by as many as 19 percentage points and as few as 7 percentage points. Only once did the portfolio produce a loss, falling 1.8% while the benchmark Morgan Stanley Capital International (MSCI) world index eked out a 1% gain. On average, the UBS portfolio rose 9% in the three-month periods while the MSCI index fell 1%. That's a whupping...
...idea that nuclear weapons are safe only in the hands of Americans and their European cousins and a danger to the rest of the world is not only patronizing but also racist. If the U.S. and its friends can be trusted with nuclear weapons, why not any other country? The only way to ensure universal nuclear disarmament is for all countries to renounce and destroy the nuclear weapons they have acquired. As long as some have them, others will try to acquire them. Erisa Mugabi Kyotera, Uganda...
...Khamenei. The piece lays out a multistep plan to resolve the nuclear standoff. Officially, the Bush Administration rejected Tehran's purported attempts to start a direct dialogue. "It's not a serious diplomatic overture," Secretary of State Condoleezza Rice said. Instead, Washington signed on last week to a European-backed package of proposed incentives and penalties for Iran, aimed at winning the support of Russia and China, which have veto power on the Security Council. But U.S. officials concede that they still haven't persuaded those countries to agree to impose sanctions if Iran fails to comply, leaving the allies...
...inside and outside the government believe that no matter what incentives the world offers, Iran is determined to become a nuclear power. That has raised the specter that the U.S. might take military action to destroy Iran's nuclear facilities. Although the prospect causes shudders among the U.S.'s European and Arab allies, it might prove more palatable if Washington has shown it has exhausted all diplomatic options, including direct negotiations, before resorting to military force. If the U.S. eventually has to launch a military campaign, says George Perkovich of the Carnegie Endowment for International Peace, "it's going...
Nike also scooped up such world-class stars as Brazilians Ronaldinho and Ronaldo, British sensation Wayne Rooney and American Landon Donovan to wear the company's boots. It paid marquee European clubs--Manchester United and Arsenal in England, Juventus in Italy and FC Barcelona in Spain--to wear the Swoosh on their kits...