Word: socialists
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Dates: during 2000-2009
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...attempt to overhaul pensions in the mid-1990s, and they broke out again when it tried to shake up the Finance Ministry in 2000. In both cases, the government also backed off, with serious consequences. The 1996 climbdown by then Prime Minister Alain Juppé helped bring a socialist government to power the following year; in the 2000 debacle it was Finance Minister Christian Sautter who lost his job. But here's the twist: years later, both sets of reforms have happened anyway. The national pension system was revamped three years ago. The Finance Ministry, long a bastion of public...
...Investors must understand that the current changes in economic geography, wealth and geopolitical power, while associated with greater geopolitical risks, also offer huge opportunities in emerging economies. They are the prime beneficiaries of the demise of the communist and socialist ideology, the invention of instant and free communication, and efficient transportation and distribution, as well as easy U.S. monetary policies. Investors would do well to have a significant overweight position in countries as diverse as Thailand, Malaysia, Vietnam, Taiwan and Singapore, which are likely to significantly outperform the U.S. over the next few years...
...time in 43 years. After the death of charismatic President Perón two years before, the constitutional government had been walking on eggshells; despite not being president, the anti-communist extremist Jose López Rega controlled the administration. In city streets, he led a dirty war with socialist organizations. While his factions killed one person every 19 hours in 1975, cadres from the opposing side resorted to bombs and kidnappings. Society and foreign embassies knew the coup was coming, and they welcomed it. Military officers explicitly declared that they were to change everything...
...Last month, on the sunday when Premier Wen Jiabao opened the annual National People's Congress with a speech about building a "new socialist countryside," Yu headed for the town of Changgou, in a rural district of Beijing, "to try to save some trees." Friends in the district government had phoned with news that Changgou had announced it would bulldoze several of its constituent villages and bring in 5,000 laborers to create an enormous man-made lake as part of a program to attract real estate investment and tourism. They'd recommended that local leaders give Yu an audience...
...many Israelis, this vote wasn?t just about the big picture - dealing with a hostile Palestinian leadership in the West Bank and Gaza. It was also about more personal issues: as Israel drifts away from its socialist origins of collective farms and all-embracing welfare towards bustling capitalism, it has ignored the poorer folks left behind. That, say analysts, explains the voters? tilt to parties such as Labor, led by Moroccan-born Amir Peretz, which focused its campaign on social inequalities, and the parties such as Shas and Beiteinu that championed the neglected but sizeable Sephardic and Russian communities...