Word: londonized
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...LONDON, England — “Britain has been hit worst by the recession,” asserted my father at the dining table. Forks fell from mouths and fists emphatically banged on the table as the rest of my family rushed to violently agree. My brother vigorously traced the entire world crisis back to Prime Minister Gordon Brown’s actions, while my mother gazed fretfully around the table and expressed her concern for “you kids.” Each family member offered a doomsday prediction that aimed to top the last...
...little-noted speech in London on July 11, European Union foreign policy chief Javier Solana - a key figure in the "Quartet" of the U.S., E.U., U.N. and Russia that is overseeing the peace process - said that if the parties were unable to bring the conflict to an end in the very near future, the international community would have to impose a solution. "The mediator has to set the timetable too," Solana said. "If the parties are not able to stick to it, then a solution backed by the international community should be put on the table...
What's the point of all this pretty, community-printed currency? Money spent at locally owned companies tends to create more business for local suppliers, accountants, etc. The New Economics Foundation (NEF), a London think tank, compared the effects of purchasing produce at a supermarket and at a farmer's market and found that twice the money stayed in a community when folks bought locally. A study of Grand Rapids, Mich., released last fall by consulting firm Civic Economics, concluded that a 10% shift in market share from chain stores to independents would yield 1,600 new jobs and pump...
...been dotted and the t's crossed. In sometimes exhaustive, often repetitive detail, Obama has now traveled the world, from Riyadh to Cairo and from London to Moscow - he plans to travel to China and other parts of Asia in the fall - offering up his international vision, a hodgepodge of classic realpolitik, diplomatic determination, community-organizer idealism and charismatic leadership. He has presented what he hopes will become a new public identity for the U.S., less global leader than global facilitator, less savior than responsible partner. (Read "The Five Faces of Barack Obama...
...Even if Nabucco succeeds, the E.U. will face other challenges, says Tomas Valasek, director of foreign policy at the London-based Centre for European Reform. "Nabucco is only part of the puzzle to improve Europe's energy security," he says. "It also needs to reduce its overall consumption, improve its efficiency, create a fully liberalized energy market and speak as one voice when it deals with Moscow." With so much to do before the E.U. can secure its own energy future, odds are it will continue to rely on Russian gas for many years to come...