Word: regions
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...special envoy George Mitchell was apt to come face to face with the recalcitrance and bigotry of the new Israeli government during his trip to the region. But will he denounce the headlong plunge into extremism and rejectionism pursued by Prime Minister Benjamin Netanyahu and his foreign minister? Unfortunately, this is unlikely, though the day may be drawing nearer...
...future seem unified in excitement before the formidable project. They'll need to retain that team spirit for the long haul. At stake is the heady objective of turning Paris into a spectacular, environmentally friendly, sustainable city that then merges with its suburbs and beyond to transform the entire region into a giant, integrated economic engine. (See pictures of the French celebrating Bastille...
...plan, construction and business development will broaden economic and cultural activity from its current focus on the 1,130 sq. ft. (105 sq m) intra-muros Paris and its population of two million, and extend that to the 12 million-strong inhabitants of the surrounding Ile-de-France region (as a comparison, Greater London has a population of 8.5 million). In so doing, Greater Paris, it is hoped, would further boost the Ile-de-France's 30% share of French GDP with the creation of economic and research clusters producing synergies and new jobs...
...initial step, Sarkozy has already announced a $47 million project to significantly enhance the Paris region's aging public transport system, which is swamped by 10 million riders every day. In addition to extending existing lines and modernizing rolling stock, the plan calls for the creation of a 90-mile (145-km) automated rail system circling Paris. By connecting the clusters of suburban business centers like La Défense to the residential areas surrounding Paris, the new elevated Métro will allow suburban commuters a direct route to work, instead of their current over-crowded daily slog through...
...when the financial crisis hit, these darlings of international capitalism found their open economies amongst the most vulnerable. The International Monetary Fund - recently involved in bailouts for Hungary, Latvia and Ukraine - now forecasts a 3.7% drop in GDP for the central and eastern European region for 2009. The downturn has brought down governments in Latvia and Hungary, and a prolonged crisis could translate into further political instability. (See pictures of the global financial crisis...