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While waiting to meet in the ring, Pacquiao and Mayweather will compete at the box office. Pacquiao's last several fights have been at Las Vegas' MGM Grand, a 17,000-seat venue, against marquee opponents. His bout against Clottey will be held at Texas Stadium (45,000 seats for the event, and ticket sales have been brisk). But because Clottey was a last-minute replacement for Mayweather with no natural fanbase in the U.S., HBO declined to feature the fight in its popular 24/7 series (it did so for several of Pacquiao's previous matches), and the media tour...
...good life at home doesn't make Europe strong abroad. The E.U. may have all the soft-power credentials in the world, but on the grand stage it has lacked the weight and influence of others. At times, it simply seems unable to say what it thinks. Washington and Beijing may squabble from time to time, but the U.S. has a reasonably well-articulated China policy: engage economically, encourage democratically, and criticize on human rights when appropriate. What's the E.U.'s China policy in a few words? (Read: "Should Europe Lift Its Arms Embargo on China...
...company. On the eve of the hearings, a damaging July 2009 memo emerged in which Toyota execs boasted of $100 million in savings garnered through a limited 2007 recall. The company also announced that it had been subpoenaed by both the Securities and Exchange Commission and a federal grand jury in New York because of the sudden-acceleration issues. Toyoda vowed to "work vigorously and unceasingly to restore the trust of our customers." But he has a long ride ahead...
...holding a rope around a giraffe. An inscription on the side says the animal dwelled near "the corners of the western sea, in the stagnant waters of a great morass." According to legend, the giraffe was found in Africa, along with zebras and ostriches, and brought back with the grand 15th century expeditions of Zheng He, China's greatest mariner...
...support of Wall Street - and his statement that the rise of populism is an understandable but "worrisome" response to a sagging economy - is telling. Unlike Palin, whose book Going Rogue was an anecdote-laced grand tour of her household, Romney has penned a sober, substantive tome that traces the decline of the Ottoman Empire and includes graphs of housing prices. With voters consumed with their checkbooks, he ramps up the wonkishness, offering an Index of Leading Leading Indicators and closing the book with a 64-point agenda on issues ranging from tort reform and the construction of nuclear power plants...