Word: tradings
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...fixtures in the FORTUNE Global 500. President Nicolas Sarkozy (nicknamed l'Américain) openly admires American entrepreneurialism. Last year, his government announced plans to make youngsters bilingual in French and English by the time they finish school. Frenchmen head two bastions of globalization and capitalism, the World Trade Organization and the International Monetary Fund...
...Lowdown:: Langewiesche, acclaimed author of such books as American Ground: Unbuilding the World Trade Center and Inside the Sky: A Meditation on Flight, has little use for hagiography or hero worship. But his meticulous breakdown of the fateful flight is highly complimentary to Sullenberger. One exception is the author's puzzlement over why such an experienced pilot chose not to apportion credit to his aircraft, whose "fly by wire" automation helps pilots handle basic tasks and is capable of overriding human fallibility. Sullenberger bristled at the suggestion that the plane deserved credit, arguing on Nov. 15 that the book "greatly...
Parker said he encouraged rural villagers to network, trade, travel, get involved with the government, and join the army...
After the talk, I found myself wondering how these banks grew so large in the first place. In 1999, Congress passed the Gramm-Leach-Bliley Act, allowing retail banks (which accept deposits and issue personal loans), investment banks (which trade securities and manage corporate acquisitions), and insurers to merge. Subsequently, the pace of bank mergers accelerated, creating gigantic one-stop financial shops. When these banks teetered on the brink last year, Congress, fearing that their collapse would cause economic cataclysm, was forced to bail them...
...definitive progress, the Obama Administration will end the year having made little more headway than its predecessor: there will be no international climate pact this year, and the deadline for a nuclear-arms deal with Russia will slip into 2010. China offered no concessions on key issues like trade imbalances and human rights. (In fact, its authoritarian government prepped for Obama's arrival by detaining still more dissidents.) Elsewhere in the world, North Korea remains defiant, and Israel - spurning Obama's requests - has announced further settlement expansion. (See pictures of life in the settlements...