Word: socialists
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That could transform politics in Senegal, where even folks sufficiently long in the tooth to have voted in each of the country's general elections have seen only two parties returned to power. The leftist Socialist Party held sway for 40 years. That rule was broken in 2000 by Wade's liberal Senegalese Democratic Party (pds). Although back in power, it's by no means clear that the pds should look forward to repeating its predecessor's four-decade stint. Despite solid economic growth - 5% on average - during Wade's first term, most people interviewed in the streets say they...
...Bayrou: Clearly there's a very strong movement of opinion in France. Millions of people want out of the perpetual confrontation between the PS [Socialist Party] and the UMP [Union for a Popular Movement] - between the left and the right. For the last 25 years, there hasn't been a single [parliamentary] election in which the incumbent majority has been confirmed in power. People now want a way to change without destroying, but by constructing...
Suez, of course, built the Suez Canal, but after the seaway was nationalized by Egypt in 1956, the company became largely a financial operator. It was nationalized in turn by the Socialist government of François Mitterrand in 1982, a disastrous move that was reversed in 1987, one year before the company got a big piece of Belgium's electricity industry through a merger with the Société Générale de Belgique. Lyonnaise, for its part, had been shorn of its gas and electricity assets by France's nationalization efforts in 1946. The two merged completely...
...fact, of course, reforming the old socialist system is exactly the point of the law, individual property rights being a core tenet of a functioning capitalist economy. Last year, conservative voices had enough residual clout to get the legislation dropped from consideration. This year, in an evident move to quash dissent, all discussion of the property law was banned. When the respected weekly Caijing defied the ban and drafted a cover story on the law, authorities forced the magazine to drop the story at the last minute. That Prime Minister Wen Jiabao and President Hu Jintao were forced...
...system for the country. It has taken 13 years and eight readings (only three are technically - and in most cases, practically - required) to get the bill successfully passed. It was originally scheduled to pass last year, but was dropped after Party conservatives (diehard Maoists who felt that the old socialist ideals were being expunged in an unseemly stampede to make money) started a signature campaign against it, protesting that it would undermine the country's socialist system...