Word: shocking
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...even given Jospin's weakness as a candidate, it was still a shock when he got fewer votes in the first round of the election than Jean-Marie Le Pen, the candidate of the far-right National Front. Le Pen will now meet President Jacques Chirac - a mainstream conservative - in a runoff on May 5. The National Front's success, wrote the editor of Le Monde last week, has "wounded" and "humiliated" France. Le Pen won't become President; Chirac is all but guaranteed to win the runoff in a landslide, as many supporters of the left, holding their noses...
Vivendi is just the latest media giant to suffer synergy shock. Sixteen months ago, when he bought the assets of the Seagram Co.--including Universal's movie studio, theme parks and music group--and merged them with Vivendi's European media and telecom holdings, Messier promised a company that "will be the world's preferred creator and provider of personalized information, entertainment and services to consumers anywhere, at any time and across all distribution platforms and devices...
...gasoline engine," says Prabhakar Patil, the chief engineer for Ford's hybrid program, who notes that cars that run on fuel cells--widely expected to be the next technological advance in automotive power--are at least 10 years off. Hybrids still have a major hurdle to overcome: sticker shock (more on that later). But for car buyers who want to do their part for the environment and are willing pay a few grand extra to do it, hybrids are the only game in Motown...
...leaders rallied behind President Jacques Chirac to crush the far-right National Front's candidate, Jean-Marie Le Pen, in the second round of presidential voting on May 5. While Le Pen - who edged past Socialist Lionel Jospin to face center-right Chirac in the runoff - promised another electoral shock, Chirac refused to debate him. Stating that Le Pen's "intolerance and hatred" made that impossible, Chirac said France's situation was grave, with "its soul, its cohesion, its role in Europe and the world" at stake...
...globalization foes and the police who penned them in at Oxford Circus last year. Well, what about labor? It's the reason for the holiday, after all - and for Europe, it also remains a vexing economic dilemma. The U.S. recovery from its 2001 economic stall and the Sept. 11 shock showed that Europe still has to take its lead from America's high-productivity economy. And despite much progress in recent years, too many Europeans still aren't working. Businesses and the European Central Bank continue to prescribe flexibility - making it easier to fire and cheaper to hire. As France...