Word: euros
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Dates: during 2000-2009
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...away along the villa-studded expanses of the Côte d'Azur, or in one of the popular resort towns of Spain's Costa Brava. Instead, Vassort is one of a growing number of European pensioners jumping the Mediterranean to Morocco - and getting much more bang for their euro. "We have a wonderful life in Morocco, so it's easy to understand why more French people are coming to live here," says Vassort, who lives with his wife and lumbering labrador Othello among the serpentine streets of les Oudayas, the ancient casbah of Morocco's capital, Rabat. "The Moroccans...
...mechanism, called multilateral consultations, designed to bring together groups that are economically large enough to resolve common problems while being numerically small enough to engage in candid discussion. Depending on the problem, the group will vary?for example, the first multilateral consultation brings together China, the Euro area, Japan, Saudi Arabia and the U.S. to discuss how to narrow global trade imbalances...
...Even before the current outcry, Benedict was already unpopular in Turkey for previous comments casting doubt on Turkey's eligibility to join the European Union, as it is now trying to do. Euro-skepticism and nationalism has been growing in Turkey in recent months as a direct consequence of the increasing resistance in Europe to the idea of Turkey joining the club. Now Benedict has stirred those feelings anew, and as a result, he's become about as welcome in Turkey as Turkey is in Europe...
...been adjusted in step with the housing boom. The result: almost anyone owning a detached house in London or southeast England is already well over the U.K. tax-free limit on estates of $540,000. France is even tougher. There, inheritance tax is levied in theory from the first euro passed on, but a series of tax-free thresholds apply to family members, including a €50,000 one for children of the deceased. The value of even a modest two-bedroom apartment in central Paris is enough to push families into a 30% tax bracket (the top rate...
...your Euro? That's the question for tennis fans at the U.S. Open, which gets under way this week in New York City. Is it the melted-chocolate-smooth Swiss, Roger Federer, 25, or the bulldog from Spain, Rafael (Rafa) Nadal, 20? The top-ranked players in the world--Federer is No. 1, Nadal No. 2--have met in two major finals this summer, with the dirtballing specialist Nadal spoiling Federer's bid for the Grand Slam by beating him on the clay at the French Open. Federer, in turn, held serve against Rafa on the drag-strip grass...