Word: saxon
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Dates: during 2000-2009
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...Anglo-Saxon capitalism" is no longer an epithet in the Elysée. But the reality is, well, very French: leave the driving to the state. Let's have "national champions," such as the giant merger between two utilities, Gaz de France and its rival Suez - essentially a monopoly under government control. Sworn to competition, the E.U. won't like this. But Sarko has already attacked the independence of the European Central Bank, another pillar of the European construction...
Germany is still far from being a freewheeling economy. It remains suspicious of Anglo-Saxon finance, for example, and has been seeking to curb the power of hedge funds. There's also little sign of substantive change in the historic--some say hide-bound--system of labor relations, under which unions are represented on the supervisory boards of companies. Kenneth Rogoff, a Harvard professor and former International Monetary Fund economist, sees Germany's improved fortunes as being largely the result of the private sector finding ways to bypass continuing structural roadblocks in the economy. The recovery "has legs," he says...
...Still, in a country where being called Anglo-Saxon is often an insult, Sarkozy is openly admiring of the ability of Britain and the U.S. to create millions of jobs, and is promising to deregulate France's labor market in an effort to end what he calls the nation's "immobility." In a pre-election debate on May 2, he singled out the U.K., along with Ireland, Sweden and Denmark, lauding them for their success in combatting unemployment. That sort of attitude drew flak, with opponents painting him as an American-style neoconservative, but that didn't stop him winning...
Still, in a country where being called Anglo-Saxon is often an insult, Sarkozy is openly admiring of the ability of Britain and the U.S. to create jobs. He promises to deregulate France's labor market and lower the nearly 9% unemployment rate, one of the highest in Europe and almost double that of Britain's. During a May 2 debate with his Socialist opponent, Ségolène Royal, he lauded Britain--along with Ireland, Sweden and Denmark--for its success in combatting unemployment. That sort of attitude drew flak during the campaign--opponents tried to paint...
...choir. She sweetly sings, like she does on all her albums, about intimacy, heartache and the lives of couples, both strong and weak. She says that the songs themselves, all in English, couldn't have been sung in any other language. "I spent so much time in an Anglo-Saxon environment that every story told, every emotion, had to be in English." Come tell me a story to unload your glorious grief, she croons on "In Your Back," where you are the valet of honor and I am the thief. While her English is fluent, her way of forming words...