Word: latvia
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...fellow at Bruegel, a Brussels-based economic think tank, is also sympathetic. "The rules on sovereign debt and banking are slightly fuzzy," he says. "The best way to resolve this would have been with arbitration through an impartial court, but the U.K. and the Netherlands refused." The country of Latvia, which suffered its own monumental economic collapse last year, says that Iceland is being ganged up on because of its size and relative unimportance. "Is this reaction due to the fact that Iceland is a small country?" Latvian Foreign Minister Maris Riekstins asked on Jan. 7. "It is difficult...
...much of Europe, women are thriving, though stalwarts like the U.K., Germany and France took steps back: "Six European countries are among the 10 highest ranked countries in the world, and 13 are among the top 20. These include the Netherlands(11), Germany (12), Switzerland (13), Latvia (14), the United Kingdom (15), Spain (17) and France(18), in addition to the five Nordic countries and Ireland...
...LATVIA...
...grab second place in the Netherlands' Euro poll. Around Europe a ragbag of extremist parties, as varied as the countries that produced them yet united by a vehement nationalism that singles out minority groups as a growing threat, scored in Austria, Belgium, Bulgaria, Denmark, France, Finland, Greece, Hungary, Italy, Latvia, Romania and Slovakia. Confronted with sliding economies and disappearing jobs, voters kicked the mainstream parties they held most responsible...
...Iraq, which we opposed from the start. But this calm was not to last.On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection. This sudden collapse marked the start of a financial chain reaction that reached across the oceans, bringing down parliamentary governments in Iceland and Latvia, and forcing the Hungarian and Ukrainian governments to appear hat-in-hand before the International Monetary Fund. We also watched—with some concern—as growth forecasts in several important emerging markets, like China, dipped for the first time in decades. We encouraged American and European policymakers...