Word: riche
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...Chancellor of the Exchequer for 10 years, his support for financial services was especially notable because his Labour Party had a history of antagonism with the City. Brown sought to convince the financial community that New Labour would be probusiness, pro-enterprise, noninterventionist and keen to cosset the rich, believing their wealth would trickle down into the wider economy. Brown also led the way for Britain to put in place a new governance system for financial services that he and other politicians like to refer to as "light-touch" regulation (although bankers and regulators cringe at that phrase; they prefer...
...annual Labour Party conference last month in Manchester, delegates adopted a new vocabulary. In fringe meetings, speakers inveighed against "the spivs" who caused the mess, while union leaders and politicians raised cheers by bashing the rich. Brown's keynote speech talked of a new era that demands heavier regulation, an era in which the rich will "be able to look after themselves." That sort of talk sets off alarm bells. "There is a risk that a mood could emerge, an anti-City mood," says Douglas McWilliams, chief executive of London's Centre for Economics and Business Research. "You sense that...
...With that award, you join the ranks of fellow Irishmen William Butler Yeats and George Bernard Shaw. What do you think is behind Ireland’s rich literary tradition...
...Delhi's Nehru Place business district, and the cafe is quickly filling up. Sharply dressed executives are talking on expensive cell phones in faux American accents. Rich housewives are discussing shopping lists before a matinee show, and weary IT students from neighborhood coaching centers are grabbing a bite...
...common in fashionable urban spots like Nehru Place to hear people airing concerns about the growing distance between India's very rich and very poor. But Iyer is doing something about it. He is one of over 55,000 volunteers from India's five biggest cities who have signed up for Teach India, an initiative backed by the Times of India and the UN Volunteers working to spread literacy, and more importantly, quality education. In the first leg of the program - the biggest of its kind in India and possibly the world - 3,000 volunteers have already started teaching...