Word: summits
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...being thrust upon it. The huge boost to its reserves exists on paper, but it's not yet clear where all that money will come from. Japan has pledged $100 billion. Gordon Brown, the British Prime Minister who hosted the G-20 summit, said the European Union would put up $100 billion and that China would provide $40 billion. But Chinese officials wouldn't confirm that amount - and even if the money is forthcoming, it still leaves $260 billion unaccounted for. At a time when governments are financially overstretched, that's no small sum. Moreover, the thorny issues involved...
...that was to impress women.) He shook his head and handed me Eduardo Galeano's The Open Veins of Latin America - the same book Venezuelan President Hugo Chávez made a show of giving Barack Obama on Saturday before Obama's meeting with South American leaders at the Summit of the Americas in Port of Spain, Trinidad. (See TIME's photos of Carnival in Trinidad...
...Regardless of how long it takes, the mere possibility of EPA action at least signals to the rest of the world that the U.S., after years of lagging, is finally moving to address global warming on a federal level. That could bear fruit at the U.N. climate-change summit at the end of the year. "Clearly, this demonstrates the U.S. is getting to work on climate change," says Emily Figdor, the federal global-warming program director for Environment America...
Presidents pushing people around is old hat, of course. But Sarkozy's criticisms of some of the most powerful leaders on earth is rare. Merkel in particular might feel slighted. Sarkozy's threat to bolt London's G20 summit earlier this month if Washington and London didn't bend to his demands on stimulus strategies and financial market regulations was made with the support of Merkel - who put her previous disdain and mistrust of Sarkozy aside in order to back...
...government, meanwhile, announced on Thursday that it had revoked Thaksin's passport a day after the ASEAN summit debacle. Thaksin is believed to be living in Dubai, but the English-language daily The Nation reported on Thursday that a Dubai newspaper wrote he had flown to Africa. The government of Nicaragua also issued a statement that it had granted Thaksin a passport earlier this year to serve as a "special envoy" to seek investment for that country...