Word: parise
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Renewed optimism similarly reigned in Europe, where effervescent markets got a midafternoon lift from U.S. President George W. Bush's announcement of a new government plan to inject $250 billion of capital in exchange for equity into at least nine American banks. The move to further stabilize the U.S. finance...
If Monday's global rally was ascribed to weekend announcements by the G-7 and agreements by the 15 nations that use the euro to intervene in the crisis with huge financial assistance, Tuesday's repeat came as those measures were backed up by actual figures in both Europe and...
Reinvent Yourself. It's freeing to be a stranger in a strange land. It's like getting a do-over; you can step outside yourself and be whomever you want. For one night in Paris, you're not a corporate lawyer - you're a concert pianist turned milliner. Pick says...
In a Paris courtroom last week, 42 officials went on trial for taking millions in kickbacks and organizing huge arms commissions from the Angolan government during the mid-1990s. In the dock were such big names as Charles Pasqua, a former French Interior Minister; Jean-Christophe Mitterrand, the son of...
That show of decisive European unity was all the more important in the wake of Saturday's G7 meeting in Washington, where leaders said government intervention would be taken in all the world's major economies to prevent major banking failures and loosen frozen credit. It all proved enough for...