Word: hugeness
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Europe's second error is to ignore its No. 1 strategic opportunity: Asia. A strong Asia-Europe partnership will yield positive dividends to both. A rising Asia welcomes European technology and culture and provides huge new markets for sophisticated European products. If Europe could think and act strategically, it would be busy knocking on Asian doors. Instead, it was the Asians who thought ahead. In the mid-1990s, Singapore proposed an Asia-Europe meeting (ASEM). Initially the E.U. reacted enthusiastically but then came the great Asian financial crisis of 1997. This provided Europe an opportunity to prove...
...India and South Africa. They struck a deal and then presented it to Europe and other participants. "It was a global meeting hosted by a European country, in the E.U., in an area where the E.U. had something to offer," says the IMD's Lehmann. "But it was a huge humiliation. Europe was out of the room." "The painful lesson of Copenhagen is that you cannot be taken seriously ... if you are not a serious actor," says Moïsi. (See more about the Copenhagen climate talks...
Common Spaces: Most people go to the dining hall to hang out, but each of Cabot’s six buildings has its own living room. The Junior Common Room, used as the performance space for the annual House musical, is huge. It has a pool table and a huge TV room next door—which is sometimes used for House events, though it's usually empty. The House library is one of the nicest spaces to study, though it is a bit small. There are several comfy chairs in addition to a big table, and although the book...
...second-story window, busted open a safe with a screwdriver and stole some 200 pounds of jewelry. The former Saudi chargé d'affaires in Bangkok told the Washington Post that the gardener stuffed "rubies the size of chicken eggs" in his vacuum-cleaner bag, along with a huge, nearly flawless blue diamond, which at 50 carats would be one of the largest blue diamonds in the world...
...billion in the fourth quarter of 2009, reported it had about $100 billion of private, cross-border assets from politically sensitive or tax-sensitive countries. But when stress tested in simulations of widespread tax amnesties, it showed that $25 billion to $35 billion might flee. That sounds huge, but with some $800 billion under management, it's just a couple of quarters of growth, explains Matthew Clark, a Swiss bank-equity analyst with the financial-services firm Keefe, Bruyette & Woods...