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...that, with Beijing's forceful encouragement, are lending to state-owned companies participating in infrastructure construction. Skeptics are frightened by the amount of cash being shoveled out the doors. The central bank recently announced that new loans in June totaled $224 billion. That was more than double the previous month's amount and brought new bank lending in the first six months of the year to nearly $1.1 trillion, exceeding the total...
...their own party had abandoned them. In June, these voters proved most susceptible to the BNP's promises of better representation for "the invisible majority" of white citizens and a stop to immigration and asylum. Similar conditions and promises boosted the Front National's first-round tally in last month's municipal elections in Hénin-Beaumont, a down-at-heel town in northwestern France and former Socialist Party stronghold. (Read: "Labour Pains: Gordon Brown is Running Out of Time...
...fallen. President Nicolas Sarkozy has cut the ground from underneath the far right by taking a tough stance on issues such as integration and immigration, while presiding over the most ethnically diverse Cabinet that France has ever seen. Sarkozy set an annual target for deportations of illegal immigrants; last month he criticized the burqa as "a sign of subservience" that he said is not welcome in France. That has helped him reclaim turf that the FN has long monopolized. "He speaks unapologetically of battling illegal immigration ... He talks about national identity and French tradition," says Reynié. (Read: "Will France...
...question, Netflix serves a need. It's a virtual video store with more than 100,000 titles - movies and TV shows. And it's cheap: for the four-at-a-time price of $23.99, you could conceivably see about 50 videos a month - if you devoted your life to the task. In a deep recession, Netflix has also taught film fans that renting a movie or TV series not only is way less expensive than buying but also takes up no shelf space when you move from your foreclosed home into your parents' basement. That could be one reason...
...Zelaya's resorting to such a circus only underlines the impotence of the international community in reacting to his ouster. More than a month after Zelaya was flown out of the country at gunpoint, the de facto government still refused demands to return him to office. A plan brokered by Costa Rican President Oscar Arias appeared to be heading nowhere, although Honduran lawmakers said they would study proposals of amnesty for players on both sides of the coup, including Zelaya...