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...problems in international meetings, says Jean-Pierre Lehmann, a professor of international political economy at IMD in Switzerland, is that the E.U. is "paralyzed by its members." A senior Asian official describes - with evident exasperation - how at international summits European leaders talk endlessly to each other. "They're very clubby," he says, and it isn't meant as a compliment...
...Washington seeks the perpetuation of Pax Americana, a liberal peace underwritten by American power in Asia, despite the re-emergence of the world's most populous country. The U.S. wants the endgame in China to resemble the rest of East Asia - genuinely believing that this will ultimately achieve lasting stability and mutual prosperity - and complains that China remains an insular, self-interested and subversive beneficiary of the system. (Read "Five Things the U.S. Can Learn from China...
...would want to deny what China's leaders since Mao Zedong have termed China's return to "dignity," a reference to the country's re-emergence as a great power in Asia. But even though other Asian states welcome economic opportunities offered by China's rise, the vast majority prefer the preservation of Pax Americana. The American-backed order has hitherto offered protection for smaller players by binding more powerful states (including the U.S. itself) to agreed rules of behavior and processes of dispute resolution...
...Denver requires dispensary owners to undergo background checks, submit security plans and spend $5,000 in licensing and fees. Denver's 484 dispensaries already charge sales tax, which means that - financially, anyway - the city isn't hurting from their presence. In at least one way, they're even driving business: a dispensary security guard - an off-duty cop whose wife uses marijuana to alleviate symptoms of fibromyalgia and who declined to give his name - says he is starting a security business that specializes in protecting pot shops. "There's a niche," he says with a shrug...
...increase in taxes will have an impact on disposable income," he says. "That's not a good thing." While he feels his company has already reduced operating costs and won't be affected too much by Greece's crisis, he admits, "We can't be immune. After all, we're living in a difficult environment...