Word: socialist
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Dates: during 2010-2019
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Shortly after Papandreou took office in October, his socialist government revealed that Greece's finances were in far worse shape than the previous government had let on. The 2009 deficit was nearly 13% of GDP, more than four times the euro zone's 3% limit. The European Commission blasted Greece for the faulty stats, and ratings agencies downgraded Greek debt, sending yields on government bonds skyrocketing. Over the past two months, as fears have grown that Greece's poisonous finances could infect the rest of Europe, the euro has slipped by almost 7% against the dollar. The Greek crisis...
...talent for dialogue and coalition building, which she'll need when she faces Costa Rica's ultra-fractured Congress. Her center-right credentials set her apart from the other female heads of state in Latin America today: Chile's outgoing President, Michelle Bachelet, is a moderate socialist; Argentina's Cristina Fernández represents her Peronist Party's left wing; and the leading candidate in this year's Brazilian presidential election, Dilma Rousseff, hails from the leftist Workers Party. At the same time, Kaufman notes, Chinchilla follows a string of recent center-right presidential victors in the region, including Sebasti...
...will fail. Before they get to next November almost all of their candidates, and some incumbents, will have to win primaries in a landscape transformed by the tea-party movement. And there's a fine line with swing voters between being perceived as saving America from Obama's supposedly socialist agenda and blocking job-saving and - in the case of health care - life-saving legislation for the sake of pure politics...