Word: frenched
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...world's fastest growing big economy is ready to move into one of the world's fastest growing financial markets: carbon-trading. The China-Beijing Environmental Exchange (CBEEX) and the French emissions exchange BlueNext announced on Sept. 23 that they were putting together a carbon market standard for China. Although details at the announcement were fuzzy - aside from the fact that it would be called the Panda Standard - the move is an early step toward creating a voluntary carbon-trading system in China. Although China is still very far from accepting the mandatory carbon caps used by countries covered...
...sanctions imposed since 2005. "Since then, there's only uranium enrichment, more centrifuges and - last but not least - a call by the leader of Iran to wipe a U.N. member nation [Israel] off the map," he said. "What are we going to do about it?" (See pictures of the French crackdown on immigrants...
...Wednesday, Sarkozy warned in a French TV interview that time was running out for finding a negotiated solution with Tehran over concerns that its nuclear program has a military intent. "I have to admit, dialogue is not going well. There will be a deadline, and in my mind, it is the month of December," he said...
...whereas Obama has largely refrained from attacking the Iranian leadership as he tries to create an atmosphere conducive to resolving the nuclear standoff, Sarkozy pulls no punches. In his Wednesday interview, the French President referred to Iranian President Mahmoud Ahmadinejad's "monstrosity" when he asked whether "we can accept a President from a great country - which Iran is - who says Israel should be wiped from...
...Castigating Iranian leaders on the nuclear issue has previously stirred broad popular nationalist sentiment in Iran, which benefited the regime. "The risk is the stronger the language you use against Ahmadinejad abroad, the stronger [he becomes] at home," says Dominique Moisi, senior adviser at the French Institute for International Relations in Paris. "But Nicolas Sarkozy has always been very vocal and visible - which can make him vulnerable for targeting. Still, that's how Sarkozy is, so that's what...