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...this means that Iceland could leapfrog other wannabe members in the E.U. queue such as Albania and Turkey, and join at the same time as the current frontrunner candidate country, Croatia. E.U. enlargement commissioner Olli Rehn told U.K. daily The Guardian in January that it could happen as soon as 2011, although most other scenarios put it at 2012 or 2013. "The E.U. prefers two countries joining at the same time rather than individually," Rehn said. "If Iceland applies shortly and the negotiations are rapid, Croatia and Iceland could join the E.U. in parallel...
...Joining the euro could happen soon after that. Reykjavik officials have backed down from their earlier talk about "unilateral euroization" - using the single currency without going through the rigorous euro accession process - but once the economy settles, joining could be relatively straight-forward. Iceland's debt, deficit and inflation rates currently too high to fulfill the euro criteria - are expected to fall fast over the next few years to meet the entry demands. (See pictures of the Top 10 scared traders...
...having control to being told what to do by the White House. And interest groups and political adversaries that had been on opposite sides of past health-care battles were at the negotiating table, in no small part because Obama had convinced them that reform was really going to happen this time. As a result, the legislative process is already further along than it ever got under Clinton. (Read "The Year in Medicine 2008: From...
...sign that the season for hard decisions has arrived. Obama continues to project an air of confidence about the most audacious undertaking of his presidency. "For those naysayers and cynics who think that this is not going to happen," he said on July 13, "don't bet against us." The next hurdle is to get a bill through the House and Senate by the time Congress adjourns for its August break. White House officials concede that missing that deadline could throw the entire exercise off track, because it would give opponents a month to undermine it. Says...
...paint an attractive picture of Songdo, the built-from-scratch Korean city that will be the greenest metropolis on Earth. Do you think something like this could happen...