Word: globalizers
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...place, but the pay gap between men and women is widening, while the glass ceiling remains as resilient as ever. Today, we may be looking to the positive role that women can play in regions such as the Middle East. But the fight for true equality is a global one, and it is far from won. Cherie Blair is a human-rights lawyer and founder of the Cherie Blair Foundation for Women...
...Christian Democrat bloc with the Social Democratic Party, she won a new mandate, with center-right coalition partners of her choosing. Now, as the emboldened leader of Europe's most populous nation and most powerful economy, Merkel has the ability to make her personality and priorities count on a global stage. But what, exactly, does she want to do with her power? And how will she go about doing...
...Quiet Giant So what will she do now? Given Germany's modern history, it is hardly surprising that the nation - and whoever leads it - rarely seeks to thrust itself into acrimonious global issues. German political debate overwhelmingly concerns itself with sustaining and extending the widely shared prosperity and personal security that was a hallmark of the old West Germany. When the Great Recession began at the end of 2008, Merkel initially drew fire for her handling of the crisis, and in 2009, the German economy contracted 5% overall. Critics said she was doing too little, too slowly and that...
...that happiness comes from working with others. "With the European Union," Merkel says, "we Europeans have realized a dream for ourselves. We live in peace and freedom. That naturally entails giving up some powers to Brussels, which isn't always pleasant. But it's necessary. The greatest consequence of globalization is that there aren't any purely national solutions to global challenges." (See TIME's coverage of the climate change conference in Copenhagen...
...billion that's owed to the British and Dutch citizens who deposited their savings in an online Icelandic bank that collapsed in 2008. Icesave, a subsidiary of the Icelandic bank Landsbanki, offered eye-popping interest rates of up to 15% to foreigners before the crash. (See pictures of the global financial crisis...