Word: summiteering
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...Papandreou says the government must refinance a large chunk of its fast-growing debt - conservatively estimated at 125% of GDP - or risk defaulting on its loans. He wants E.U. leaders to agree once and for all on a financial safety net for his country when they meet for a summit in Brussels on Thursday and Friday. If the E.U. can't come to terms on a rescue plan, he says, Greece will be forced to turn to the International Monetary Fund (IMF) - a move that could undermine the credibility of the euro. (See pictures of the global financial crisis...
...Mexico's absence has left a critical leadership hole in the hemisphere's midsection. But as Calderón gets set to host U.S. Secretary of State Hillary Clinton on March 23, he looks determined to fill that void again. Last month he convened a summit in Cancún to create a multilateral organization promoting regional unity - a body that includes all 32 Latin American and Caribbean nations but pointedly excludes the U.S. and Canada. The Community of Latin American and Caribbean States (CELAC) "makes possible an old desire that [we] have [our] own space for dialogue and political...
...groups. In 2008, the yellows occupied Government House, the nation's seat of power, for three months. Later they hijacked Bangkok's two airports for a week, a disaster for a tourism-dependent economy. Last year, after a yellow-supported government took office, the reds swarmed an international summit at a seaside resort, forcing the emergency airlift of foreign leaders. That was followed by a scarlet siege of Government House, a takeover that culminated in Thailand's worst political violence in nearly two decades...
...about policy is not to argue about your self-interest," he told a group of smart-grid venture capitalists in late 2009. "Make an argument that is bigger, about jobs or competitiveness, and you are going to change some minds." (See TIME's special report on the Copenhagen climate summit...
...Take the issue of global warming. During the climate summit in Copenhagen in December, the biggest rifts were between the rich countries most responsible for global warming and the developing nations where its effects will be hardest felt. Representatives from poor countries attempted to raise the stakes by staging a walkout. But when a deal was finally struck, it was the major polluters - the U.S. and China - who dominated the discussion, not the world's smallest and least developed states...