Word: socialists
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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...
...government took a more nuanced - if short-lived - approach to religion in the following decades. In 1988, South Korea expanded economic ties with its neighbor, bringing in more foreigners on business and exchange trips; the following year Pyongyang hosted the World Festival of Youth and Students, a massive socialist festival that attracted 22,000 people from 177 countries. With an influx of foreigners, the government saw a need to build four state-run churches in Pyongyang in the following years, though critics maintain they're facades to show the world that it supports freedom of religion. "[Foreign missionaries] are allowed...
...dismissed the growing criticism from the right as "café clap-trap." In doing so, he has not only shown the same defiant pugnacity that has become his boss's trademark, but has also become Sarkozy's most effective political operative handling an explosive issue. "Once he bolted the Socialist Party, Besson's very political existence depended not only on joining Sarkozy's cause, but hanging on to his coat-tails as high as they'd take him," says a former adviser to conservative politicians who requested anonymity. "No one else would dirty themselves with this nasty, divisive electoral ploy...