Word: euros
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...employees being asked to pay more toward their own retirement. This Just In ... You're Sacked Under fire from competitor Bloomberg, the 151-year-old business information group Reuters will cut 3,000 jobs, or 20% of its workforce, after announcing a €725 million loss. Deficit Disorder The euro zone trade surplus for 2002 doubled to €102 billion, due more to falling imports than rising exports. But that's better news than in the U.S., where the trade deficit hit a record $435 billion. THE BOTTOM LINE 'We no longer serve French fries. We now serve freedom fries...
Venu saunters in fifteen minutes later, sporting a tan leather jacket and a Euro-chic haircut. As it turns out, the two have met before. After all, as Venu asks rhetorically, “Can a date really be blind when you’re gay at Harvard?” They greet each other with affected relief, and a waitress guides the pair to an “intimate” table for two, under the gaze of a camera and reporters...
...January, it hauled Belgium before the European Court of Justice over rules that limit the use of customer loyalty cards, which enable consumers to accumulate points when making purchases and then exchange them for free products. (Such cards are legal elsewhere.) Some retailers are also fighting back. When the euro became legal tender at the beginning of last year, the clothing-store chain C&A, fearing chaos at its tills, gave a 20% discount to German shoppers who paid with credit or debit cards instead of cash for the first four days. German authorities said the discount breached unfair trading...
England will adopt the Euro within the next five years, he said, adding that he believes British Prime Minister Tony Blair will likely call for a referendum on the matter this year that will fail by a narrow margin...
...lunch recently to say he considered Bush "terrifying," "ignorant," "a prisoner of the religious right" and "like a child running around with a grenade with the pin pulled out." The compliment is returned; it's no secret across the Atlantic that Bush's people frequently call their allies "Euro-wimps...