Word: unionism
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...breakup of the European monetary union possible? I don't see that as being likely, but the probability of that eventually happening is rising. Right now, we are facing a situation in which many countries now have banking systems that are too big to fail and also too big to be saved. If Ireland or Greece go bust, then there is already a commitment from the Germans and French to, one way or another, bail them out. But if you have to rescue on top of them Austria and Italy, Portugal and Spain, and Belgium and the Netherlands, then that...
...proposed missile shield will not only encourage overly militaristic behavior in the Pentagon, but it will also seriously damage our already-tenuous relationship with the Russian Federation. Since the collapse of the Soviet Union in 1991, Russia has had a rocky relationship with its former Warsaw Pact allies, especially Poland. Moreover, Moscow has viewed the continued expansion of the North Atlantic Treaty Organization alliance into Central and Eastern Europe as evidence of growing American hegemony...
...current policy is deceptively vague. Secretary of State Hillary R. Clinton has strongly hinted that the Obama administration will reconsider the European missile defense program. Still, no firm decision has been made, and by doing this we please nobody and alienate all sides of the issue: the European Union, Russia, and Iran...
Meeting in Brussels for a long Sunday lunch, European Union leaders were supposed to clear the air after weeks of jibes, sneers and slurs over who is to blame for the economic crisis. But after a three-hour meal of goat cheese, beef stew and apple crumble, they emerged as ratty as ever, barely concealing their long-standing gripes and graphically revealing how far the E.U. is from any coordinated response to the downturn...
...dirt-poor country has few natural resources and only 1.6 million people. And there are dozens of remote tropical islands, with about 24 airfields built during colonial days. There the traffickers flew small aircraft, dropping hundreds of pounds of cocaine almost weekly direct from Colombia. According to European Union drug reports, the cocaine was then smuggled in small quantities into Europe. The government in Bissau has had little means to prevent the smuggling, and almost no patrol boats with which to watch its coastline...