Word: french
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...wheat, rice and maize - not bad for a tuber whose ancestor is the highly toxic wild potato and whose closest cousin is the deadly nightshade. And its popularity still has vast potential for growth: Asia has replaced Europe as the center of production as its populations begin to embrace French fries as well as rice...
...Answer: Gerald de Palmas. French...
...high profile earned the irritation of some grassroots Hizballah fighters busy battling Israeli occupation troops in south Lebanon in the 1990s. "They talk about Imad Mughniyah, but what did he do?" a Hizballah fighter once grumbled to me. "They suspect him of kidnapping American journalists, blowing up the French paratroops and the U.S. embassy. But things we did in the south [fighting Israeli troops] were militarily worth a hundred times more than what they claim Mughniyah did. Kidnapping is the easiest thing in the world. The CIA is crazy...
...Today, several voices have called for more regulation of investment banks like Société Générale. Speaking at the Harvard Kennedy School, French Socialist leader Segoléne Royal cited the Kerviel case as an example of why a sort of global regulatory central bank is needed. Royal may be right: Regulation, like good risk management, may help curb moral hazard. But this is just part of the solution...
...French are quite in touch with their hatred of capitalism, but they hardly remember France’s original sin with financial markets. Back in 1719, in what became the first modern bubble (and bust), John Law single-handedly obliterated the incipient Parisian stock market. Once a penniless gambler, the rogue Law became part of the King’s court and eventually rose to Controller-General of Finances. He achieved control of the central bank, most money-issuing mints, the national debt, the collection of indirect taxes, and the largest player in the market, the Company of the Indies...