Word: maying
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That's as important to Central America as it is to Costa Rica, which has long given the isthmus a model to emulate - something it still urgently needs. Central America may no longer be fighting the civil wars that ravaged it in the 1980s, but its problems are nonetheless mountainous and pose policy headaches for Washington in areas like the drug war, free trade and illegal immigration. The region's homicide rates, for example, are among the world's highest, as are its illiteracy and malnutrition indexes. Rule of law, as the Honduras debacle demonstrated, remains largely dysfunctional...
Political analysts say Chinchilla, who takes office May 8, has a talent for dialogue and coalition building, which she'll need when she faces Costa Rica's ultra-fractured Congress. Her center-right credentials set her apart from the other female heads of state in Latin America today: Chile's outgoing President, Michelle Bachelet, is a moderate socialist; Argentina's Cristina Fernández represents her Peronist Party's left wing; and the leading candidate in this year's Brazilian presidential election, Dilma Rousseff, hails from the leftist Workers Party. At the same time, Kaufman notes, Chinchilla follows a string...
...agenda when European Union leaders meet in Brussels on Thursday. Investors are watching closely for any sign of agreement - the euro rose against the dollar Wednesday as it appeared that a bailout might be imminent, then fell following signs from Germany that a plan may not emerge this week...
...Papandreou's government is walking a difficult line. It's been trying to convince its European partners - as well as the global markets - that it is taking serious steps to cut state spending and tackle its deficit without causing civil unrest at home. But the choice may soon be out of Greece's hands, and Papandreou must know that any outside assistance is likely to come with strings attached...
...city could recoup its investment if the developer sells enough million-dollar condos to Vancouver residents after the Olympics are over. That may have been a reasonable expectation in the real estate go-go days. Yes, the digs are nice, and the development has won kudos from environmentalists for the energy-efficient design of the complex, which has green roofs and will reuse rainwater, and for its easy access to public transportation. Metro Vancouver housing prices have rebounded from the worst recession lulls - year-over-year condo prices were up 15% in January - but it's still not the best...