Word: weekes
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...This time around, there are growing calls for compliance mechanisms to be built into the strategy. They have become louder as the euro crisis has unfolded in recent weeks, with many officials saying that tougher fiscal oversight might have prevented the collapse of Greece's public finances. "We cannot have a pick-and-mix strategy, allowing everyone to do the easy parts and leave the real challenges to one side," Barroso told the European Parliament last week. "We need strong and true coordination in the economic field." (See the top 10 financial-crisis buzzwords...
...Cartoons of the Week...
...office to conservative President-elect Sebastián Piñera on March 11. She is expected to ask U.S. Secretary of State Hillary Clinton for a relatively small amount of American aid when Clinton visits Chile on Tuesday during her previously scheduled tour of Latin America this week. Clinton will no doubt praise Bachelet's leadership during the emergency - as most Chileans have, despite the apparent tsunami mishap. It will be up to Piñera to put mechanisms in place to make sure Chile is as prepared at sea as it is on land when the next earthquake...
...Even as NATO nations have won plaudits for sending more troops to Afghanistan, cracks are beginning to show in the alliance's commitment and long-term health. "Right now, the alliance faces very serious, long-term, systemic problems," Defense Secretary Robert Gates said last week. Budget shortfalls - only five of the 28 members are meeting the alliance's goal of spending 2% of their GDP on defense - are hurting the war effort. The resulting dearth of helicopters, cargo planes and spy aircraft is "directly impacting operations in Afghanistan," Gates said...
...Cartoons of the Week...