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Over the past two decades, France has made major efforts to modernize its economy and change the attitudes of its workforce in order to make the nation more market-friendly and competitive in the age of globalization. But the one place where these changes to France Inc. have failed to take root is the boardrooms of the biggest companies, which in many ways remain the same smoke-filled old-boys clubs they were 50 years...
...emerging battle in Michigan in many ways reflects what's at stake for Democrats nationwide this year: 37 states are scheduled to hold gubernatorial elections in 2010; Democrats hold 19 of those seats, and Michigan is viewed as a toss-up by both major parties. The governor's races, as well as the congressional elections, will therefore be key tests of whether the Democrats will extend their gains of recent years or succumb to the same backlash that propelled Republican Scott Brown to his upset victory in the Massachusetts Senate race this week. The stakes are particularly high in Michigan...
...Cabinet approval on Feb. 4 unless opposition parties are able to block them in court. For Berlusconi, this isn't so much an attempt at new media control as it is part of an old story line. The billionaire Prime Minister just happens to own the country's only major private television network, which critics say is a conflict of interest much more troubling for the country than any of his private dalliances or verbal faux pas. (See pictures about Silvio Berlusconi and the politics...
With respect to financial reform: This was always one of our top agendas. I started talking about this during the campaign, and I made a major speech about how we're going to move forward [last] March. My hope had been that health care wouldn't take this long. And that we would've teed up both energy and financial reform before the end of the first year. If there's one thing I have learned - you asked earlier about something I've learned about this process - it always takes longer than you think...
...policymakers who declared that maintaining stable growth was critical to ensuring social stability in the face of the global economic downturn. Thanks to expansive stimulus spending and a flood of cheap credit, the Chinese government was able to ensure growth, giving it clout at home and abroad as other major world economies still grapple with slow recoveries. "Those measures quickly produced results and stopped the remarkable decline in our economic growth, and China thus became the first to, on the whole, achieve recovery and stabilization in its economy," said Ma Jiantang, director of the National Bureau of Statistics...