Word: euros
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...more or less fixed exchange rate. It has, after all, served the country well: the cheap RMB has encouraged the development of China's export-led industries, and attracted foreign capital to build factories. As long as the currency is vastly undervalued against the dollar and the Euro - and few economists believe it's not - that will continue, only increasing the trade surplus...
...city is building a $275 million Center for the Performing Arts downtown that will feature a theater designed by Ur-Euro architect Rem Koolhaas; when Dallas broke ground on a bridge across the Trinity River in 2005, it was working not from, say, a practical Army Corps plan but from a soaring design by the Spaniard Santiago Calatrava. It would be silly to suggest these projects were built with gays in mind--the Koolhaas theater is largely funded by Republicans Charles and Dee Wyly--but the architectural ornamentation does help explain why Dallas is more appealing to gays than...
...These are early days, of course, and even the biggest euro-optimists aren't yet talking about a new spirit of entente. The two men know one another from Sarkozy's stint as French Finance Minister in 2004; they met regularly at E.U. ministerial meetings in Brussels. Aides say they get on well, at least professionally, and respect one another, but so far that's all. Cozying up to one another is not yet on their agenda; Sarkozy's first trips as President will be to Berlin and Brussels, not London. Moreover, there's no neat fit between their views...
...international financial negotiations for a decade. Back home, he has played a pivotal role in securing Labour's three consecutive electoral victories. His achievements - freeing the Bank of England to set interest rates; masterminding a clever strategy that avoided committing Britain to a speedy adoption of the euro; an impressive record of steady growth, low inflation and high employment - are so anchored in British life that they go almost unremarked. For all that, Britons seem surprisingly uncertain what manner of man it is who should soon move from 11 to 10 Downing Street. It's the kind of question that...
...great supporter of the European Union. I didn't support entry to the Euro, not because I'm against it in principle but because I didn't think it was economically right for Britain. But that doesn't make me any less pro-European...