Word: royalities
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...Paris, incumbent Socialist mayor Betrand Delanoë added eight points to his razor-thin margin of victory in 2001 - not only winning an outright majority of the city council, but also positioning himself as a favorite in an expected showdown with former presidential candidate Ségolène Royal for the party's leadership later this year. Socialist-led tickets captured France's third-largest city, Toulouse, after 37 years of conservative domination. They also claimed Strasbourg, Saint-Etienne, Blois, Caen, Reims, Metz and Rouen from the right. Leftists were meanwhile returned to power in Lyon, Lille, Rennes...
...infamous "Baghdad welcome," that heart-stopping corkscrew dive that characterized all my previous landings. The maneuver was designed to evade any terrorist attack by surface-to-air missiles, and executed to petrifying perfection by former South African air force pilots flying smaller, more nimble Fokker F-28 aircraft. Now Royal Jordanian Airways is willing to risk using the larger, more cumbersome (and more expensive) A320, it can only mean that the likelihood of a SAM attack has greatly diminished. Reassured, I actually sleep through most of the 75-minute flight, waking in time to enjoy my first "normal" descent into...
...both become concerns due to price inflation. But because dollar-based profits from overseas will drop, corporations could cut back on capital investment and employment, which will have a spillover effect on households. "The negatives outweigh the positives," says Masafumi Yamamoto, head of foreign exchange strategy for Japan at Royal Bank of Scotland...
Others aren't that patient. "We need drastic measures to solve these problems," says Yamamoto of Royal Bank of Scotland. "Intervention may work to buy time, but it's not a fundamental solution. The authorities in Japan know this and they're hesitant to act." Finance Minister Fukushiro Nukaga did say this week that "excessive exchange rate moves are undesirable." But, in relative terms, the yen is not as weak as it was in 2004, when the government last intervened. Central bankers in Japan believe a rate of 100 yen to the dollar is not excessive appreciation but rather...
...over-long, over-complicated, oroverwrought; it isn’t slow or boring; itisn’t bad.The trouble is, it isn’t particularlygood, either. And if not for its compellingsource material—the story of EmpressMichiko, the first commoner to marryinto the Japanese royal family—thenovel would be much worse. Despite itsvivid subject, Schwartz’s bland executionproduces a book that is curiously unremarkable,even memorably forgettable.“The Commoner” tells the story ofEmpress Haruko, Schwartz’s fictionalizedvision of Empress Michiko. The basicplot is one that?...