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...European Union has certain measures in place to protect dairy farmers. Since 1984, the E.U. has set an annual milk quota in order to avoid the so-called "milk lakes" and "butter mountains" (stocks of unsold cartons of milk and butter) that were created in the 1980s when farmers produced more milk than Europe needed. This year the E.U. quota has been set at about 134.3 million tons of milk, with the German share the largest, at about 27.3 million tons. But last November, E.U. leaders agreed to phase out milk quotas by 2015, increasing the annual production allotment...
...find themselves. Hatoyama said that Japan had been "buffeted by the winds of market fundamentalism in a U.S.-led movement that is usually called globalization," and criticized a "way of thinking based on the idea that American-style free-market economics represents a universal and ideal economic order." "The influence of the U.S. is declining," Hatoyama wrote, in a "new era of multipolarity," and he went so far as to propose something like a European Union - with a single currency, no less - in East Asia. It is enough to make one wonder how well founded the U.S.-Japan relationship really...
Mark: I’m saying I need to do something substantial in order to get the attention of the [final] clubs...
...delay that caused the first application period to occur in April 2009 rather than 2008, the program has resumed its schedule to distribute $100,000 each year to nonprofit organizations until 2012, as part of the $25 million in benefits that Harvard agreed to give the Allston community in order to proceed with construction of its Allston Science Complex...
...White House knows the public option is the most contentious piece of reform left on the table and is treading carefully. In the short run, the president knows he might have to barter the public option in order to gather centrist Democrat votes and pass the bill. In the long run, by endorsing but not demanding the public option, the president hopes he still might gradually restore faith in government as a force for good...