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...while U.S. economic dominance appears to be giving way to something more muddled, this doesn't imply absolute decline. The U.S. retains a lot of strong points - great universities, millions of ambitious immigrants, a culture that celebrates risk-taking - that are hard for any other nation to match. Just because the U.S. is no longer all-important doesn't mean it will no longer be competitive. (See pictures of the global financial crisis...
Sometime in the near future, then, the U.S. will have to start living within its means - or at least a lot closer to them than it currently does. To keep this new American frugality from battering the global economy even more than it's been battered, somebody has to pick up the resulting slack in demand. Europe and Japan have been hit harder by the downturn than the U.S. has, and they have aging, slow-growing populations unlikely to ignite consumer booms. That leaves the BICs as pretty much the only remaining candidates. These economies are still too small...
...Very few students have mentioned the vaccine to me,” Marine said. “I think a lot of people know about it and have it, or are choosing to get it at their family doctor.” She added that “for some people, the cost might be a deterrent, but most people are getting the vaccine in their teenage years...
...France, in April, Obama described this view, asserting that it takes nothing away from America's extraordinary position in the world to say that the U.S. will not always lead. "The fact that I am very proud of my country - and I think that we've got a whole lot to offer the world - does not lessen my interest in recognizing the value and wonderful qualities of other countries," he said, "or recognizing that we're not always going to be right, or that other people may have good ideas, or that in order for us to work collectively...
...relationship. For a small country like us, for development, you need money, you need assistance. In this world, who can afford to give us money? We can go to China. We can go to Russia or Brazil. Very few countries can afford to give. Japan is helping us a lot. Our biggest development partner is Japan. India is helping...