Word: farm
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...French and Germans for more foreign aid, and they will reply that budgets are tight. Ask the British, and they will bleat that they have this terrific new "Marshall Plan" to reduce poverty but that Washington will not endorse it. Ask Europeans to open their markets to farm products from the developing world, and they will make you weep with tales of the miseries their own farmers endure...
...history is any guide, the news will probably be yet another multimillion-dollar acquisition that will throw the spotlight once again on the 45-year-old Kentuckian and the company he named after his grandma's tobacco farm. Ripplewood Holdings may be little known in the U.S., but the private-equity firm, based in New York City, is virtually a household name in Japan, thanks to a $2.5 billion shopping spree in which it has grabbed national jewels, including a bank, a golf resort and a record label. The current deal may or may not involve KDDI, the Japanese phone...
...outsiders, the pace may seem leisurely - but there's a big rethink going on in the Kingdom, a change marked by a major charm offensive from Prince Abdullah himself. During two days of meetings with Time, which included rare visits to his private office, home and equestrian farm, the Crown Prince repeatedly stressed his alliance with the U.S., acknowledged many of Saudi Arabia's ills and discussed his plans for reform. Last week, he even tossed out an intriguing Middle East peace initiative. "We have gone through shock and denial," explains a Saudi official. "Now we're asking...
Favorite vacation spot: Paros, an island in Greece. Also, this random farm village in Poland. My roommate was from there. I’ve never been taken care of so well. They forced liquor on us. The first day we had five shots of vodka at nine in the morning. We finished 19 bottles that day. Then there was a dance party with a bunch of old Polish grandmas...
...measure to protect its farmers, Japan last year slapped import duties on Chinese tatami, along with leeks and shiitake mushrooms, other endangered cash crops. Bad move. China retaliated by putting tariffs on Japanese cars, air conditioners and mobile phones, businesses worth $700 million annually - seven times more than the farm products Japan was protecting. (The two countries began meeting last week to hammer out a settlement...