Word: felted
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...foreign policy objectives, but also on her duties. Witness her platitudes such as "my job is to keep traffic moving" and "my job is to move the policy on. Not just for the E.U., but other parts of the world." The lady is certainly living up to the disappointment felt in some quarters at her selection as Europe's top diplomat. Truly, Europe (and those who look to it as a counterweight to other superpowers) deserves better. Hayat Mehdi, VIENNA...
...with some success in Afghanistan and Pakistan. Last year, a local Muslim organization called Muhammadiyah urged its 29 million members to study Obama's Cairo speech when he called for a new beginning with followers of Islam. But since that historic address, Muhammadiyah's chairman Din Syamsuddin has felt his hopes deflate. "Obama indicated in his speech that there would be mutual understanding and mutual respect between America and the Muslim world," he says. "But one year later, we have not seen those dreams realized and tensions still continue...
...Come to This? The last time Britain felt this bad about itself was in 1976, when soaring inflation and unemployment forced the Labour government to seek a humiliating bailout from the International Monetary Fund. Margaret Thatcher's Conservatives took power in 1979 and went on to abolish exchange controls, cut taxes and engineer the 1986 deregulation of financial markets, known as Big Bang, restoring London's position as one of the world's most important financial centers. Blair's New Labour did nothing to restrict the unfettered growth of the City, as London's financial district is called...
Fool's Gold That distant El Dorado may have enriched only some Britons, but the turbulence shaking it is felt by everyone. There's little agreement among politicians or economists about quite how much of a basket case Britain has become. "Although the economy is now growing, recovery is still in its early stages and remains very fragile," Brown said in a March 10 speech in the City. Labour says the recovery is due to the government's lead in global efforts to stabilize the banking system and its $30 billion of fiscal stimulus and argues that stimulus spending must...
...president indicated that he felt President Karzai had made good progress on the issues discussed on the video conference," the senior official said. "As a result, [Obama] asked President Karzai to come visit...