Word: maining
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...There are still a few things the U.S. can learn from Japan. One is its commitment to energy-efficient public transport. Anyone who sniffs at Obama's plan for high-speed railways should have joined me on the glide back to Tokyo. But the main lesson Japan can offer the U.S. today has nothing to do with rapid progress. It concerns the perils of inaction. (See pictures of Japan in the 1980s and today...
...main street, stores that once sold everything from household staples to electronics and jewelry are now outnumbered by pawnbrokers. During lunchtime on a crisp Monday at Albemarle & Bond, Nicola - she doesn't wish to give her surname - 26, white and unemployed, holds a fistful of rings. "Can I get 10 quid for this?" she asks. After haggling with the assistant, she leaves with half that sum, passing a display case of trinkets earlier customers failed to redeem, including a clutch of diamanté rings spelling out the word Mum. Sentimentality is an indulgence nobody in Dagenham can afford. (See pictures...
...Dagenham's decline is emblematic of the ebbing of Britain's manufacturing prowess - and the way in which shifts in the global economy can strip a place of jobs like a hurricane takes leaves off a tree - then its main street captures a national mood of hopelessness and anger. All of Britain is in a deep funk: although its economy is finally growing after a prolonged recession, that growth is so tender that many fear it will shrivel and give way to a second, deeper contraction. Britons are downcast, their politicians discredited. In one of the world's oldest democracies...
Someone to Blame Expecting little from the main parties that failed to arrest Dagenham's decay, some locals are turning to the British National Party (BNP), a hard-right party that proposes to repatriate residents of foreign descent and stop all immigration. Charisse, a young, unemployed mother who declined to give her last name, says people will vote for the BNP "not because they like them but because we're so pissed off." Her own grouse: she has three children, and thus her one-bedroom public-housing apartment is too small. Her companion, who has turned his back, growling that...
...also refined its giant single market, created a new world currency, and introduced elements of a common foreign policy under the leadership of Javier Solana. We are not only the strongest economic union in the world but also the main source of aid for developing countries. Thus, the criticism that Europe is too preoccupied with itself is both shallow and unfair. On the contrary, Europeans are busy creating a model that is internationally relevant, especially for Asian countries and groupings. Some, such as ASEAN, are watching the European experiment very closely. (Read: "Europe's Errors" by Kishore Mahbubani...