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Writing about rich white people is no way to make it as a novelist anymore. You're just one Fitzgerald among many. Rich black people, though --now there's a subject you can build a brand on. Stephen Carter is a Yale law professor turned novelist whose first book--The Emperor of Ocean Park, a huge best seller--confirmed what many had long suspected: that there are in fact people who are rich and black. His second novel, New England White (Knopf; 558 pages), expands on those initial findings...
...Internet has been at the forefront of the outrage - and may be a harbinger for how grassroots protests are heard by Chinese authorities in the future. As is often the case, coverage of the incident has been gently moved off the front pages of Chinese newspapers. Nevertheless, the subject is still a hot topic on Chinese websites, where much of criticism was directed at the authorities for failing to intervene to stop the human trafficking and enslavement of the brick kiln workers. Even in usually docile official publication like the English language China Daily, the sense of shock and outrage...
Reagan professed to consider the summit a success, but he had little to back up his claim. On the subject of the Persian Gulf, for example, the seven issued a general statement championing "freedom of navigation." There was not a word of specific support for the U.S. plan to register Kuwaiti tankers under the American flag and have U.S. warships escort them through the gulf. The Americans made much afterward of the warships that Britain and France for some time have maintained in the gulf, but the U.S. got nothing new from its allies. In a joint statement...
...economics, the ostensible subject of the summit, Treasury Secretary James Baker remarked, "I can't think of any major item . . . that we came here wanting that we did not get." True, but only because the U.S. knew better than to press the other six for any strong action. Washington had hoped that Japan and West Germany would move to stimulate their domestic economies to ward off a growing threat of world recession and, not incidentally, reduce their towering trade surpluses, which are the counterpart of the U.S. deficit. Japan did announce a stimulative package before the summit, but Britain...
...when the subject turned to economics, Reagan blundered. After speaking in favor of stable monetary exchange rates, the President offhandedly observed that nonetheless "there could still be some lowering of the ((U.S. dollar's)) value." Money traders interpreted that as a renewed attempt to talk the dollar down in order to reduce the U.S. trade deficit, and the greenback promptly sank. White House Spokesman Marlin Fitzwater issued two clarifications asserting that the President wanted the dollar to stabilize. Reagan will have to do better than that at a summit with Gorbachev, lest the Soviet leader steal all the credit...