Word: exchangee
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It's a big wish for the tiny nation of just 320,000 people. But last fall's abrupt economic collapse forced Iceland to rethink its traditional skepticism about the E.U. In the space of just days, as huge debts tore at Iceland's banking system, the country went from...
Others remain unconvinced, viewing China, in effect, as an economy on steroids. Bank-lending numbers announced last week showed an extraordinary leap. New loans in June totaled the equivalent of $224 billion, more than double the previous month's lending. The total amount of money that banks have loaned thus...
The Swiss claim that the U.S. proceeding against UBS breaks the terms of the treaty between the two countries that permits an exchange of information on tax matters only in individual cases where a specific and justified request is made. "The blocking order that the Swiss government is prepared to...
Last week, while skies were tauntingly grey, my work colleagues ignored their sheltered office confines and persistently grumbled about the awful lack of summer. We collectively awarded Britain the title of worst climate in Europe, and this topic of conversation was deemed important enough to invade every exchange. Nevertheless, this...
Taylor took the stand on July 14 at the U.N.-backed Special Court for Sierra Leone for the first time since his trial began 18 months ago. He is accused of arming, training and controlling Sierra Leone's Revolutionary United Front (RUF) rebels, who rampaged across the country during its...