Word: euros
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...surprise best seller The Name of the Rose in 1980, he created a new kind of novel, one that combined a murder investigation with philosophical inquiry and introduced the world to the unfamiliar experience of reading about medieval theology while actually remaining awake. Eco helped invent the modern Euro-thriller: a sinfully addictive page turner that nevertheless leaves you feeling virtuous and cultured, without the hangover of shame that follows a sleepless night with Crichton or Clancy. This summer the Euro-thrillers are back, and they're not just good--they're good...
...that technology spending may stay slow this year. The Sweet Smell of Sale German drug giant Bayer is selling its Haarmann & Reimer fragrances and flavor unit to Sweden's EQT for 31.66 billion. The move helps cut Bayer's 314 billion debt. INDICATORS The Dollar takes a dip The euro reached and passed parity with the dollar for the first time in two and a half years, ending the week worth $1.013. The dollar's fall is good news for U.S. exporters, but a sustained slump could spell trouble for export-dependent nations like Japan and Germany. Baby...
...monetary policy of the European Central Bank, while suitable for Ireland, is completely inappropriate for Germany." Milton Friedman, U.S. economist, predicting that the euro zone will fall apart
Silvio Berlusconi's government has turned the gaffe into something of an art form. Since taking office 13 months ago, the Prime Minister and his key officials have managed to make rude or politically incorrect remarks about everything from the euro to Islamic civilization. One of their baldest blunders came last week from Interior Minister Claudio Scajola, 54, who was pressured to resign after two newspaper reporters quoted him referring to Marco Biagi - a labor ministry adviser assassinated in March by the Red Brigades terrorist group - as a "pain in the ass." Scajola, under fire for not having provided Biagi...
...German crash, which killed 71 people, from the planes' badly damaged flight data recorders. Making sense of Europe's air-traffic-control system, with all the job and sovereignty issues it entails, may not prove any easier. THE COMMON CURRENCY Just Don't Mention the War The British anti-euro campaign is telling a tale full of the pound and the Führer in cinemas this week. Rik Mayall, star of cult TV show The Young Ones, appears in a 90-second ad dressed as Hitler to shout "Ein Volk! Ein Reich! Ein Euro!" (One people! One country...