Word: londonized
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...event, after Montreal in 2000. But it shouldn't be too overjoyed. While the designation is certainly an honor, hosting the G-20 doesn't really have economic benefits. In addition to security concerns, the host pays a premium. To hold March's meeting of the G-20, London shelled out an estimated $131 million - a big number for any city to absorb, and more than four times the expected cost. With fewer than 4,000 people expected to attend the Pittsburgh summit, experts say the local economy should see a boost of only about $8 million. And while...
...some $10 trillion worth of assets among themselves. While they welcomed her support for strong free-market policies, some of the executives in the crowd were not entirely convinced. "[Palin] displayed a mixture of commonsense prudence and a bit of naiveté when it comes to finance," says a London-based fund manager (most delegates spoke anonymously due to the confidentiality policies of their companies). "Surely, we know now not all things are better left to the market...
...held off competition from the Arctic Monkeys, Kings of Leon and South London rapper Jamie T to reach No. 1. Do you listen to any of them? I'm not familiar, really, with the modern music. Well, I don't really listen to music. If I switch on the radio and hear some nice classical music, I will sit and listen to it but I don't sort of play records or go for any particular type of music...
...good news in favor of bad. And on Monday evening, some of the most eminent names in British journalism seemed frankly perplexed at how to handle a piece of good news: namely, that their employer, the Observer, had been saved from the chop. They had called a meeting in London to plot a campaign to rescue the world's oldest Sunday newspaper. Despite news of the paper's reprieve, they assembled anyway. As the room filled to capacity and then filled beyond capacity, one Observer writer wondered aloud at the size of the turnout. "I didn't realize there were...
...officials for failing to deal with them. "The French government has effectively washed its hands of the problem and deliberately held back from bringing these people into the French asylum system in the hope that they will make it to Britain," says Dan Hodges, director of Refugee Action, a London-based charity. "This is a grotesque game of human pass-the-parcel." (See pictures of the French crackdown at the Jungle...