Is this prelude to continued gains as we ferry 30, 000 troops into the combat zone by next summer?
Chile's dry summer climate in the central zone, where rich land is watered by the melting Andean snows, is comparable to the best of California or New Zealand.
The rotten economic news over the summer and the deepening euro-zone mess mean it is easy to forget that countries that now account for half the world's output and most of its population are doing rather well.
Perhaps even more importantly, Mr. Almunia is working with his colleagues Olli Rehn his successor in the economic and financial affairs post and Internal Market Commissioner Michel Barnier to present a proposal for a new banking supervisor for the euro zone straight after the summer.
Participants were reacting to the loss of high-quality Libyan crude and its subsequent faster-than-expected resumption, Middle East unrest, the U.S. credit-rating downgrade over the summer, and the ongoing euro-zone sovereign-debt crisis.
And the parliament could help dispel its reputation for an easy life in the comfort zone by agreeing to sit into the summer to confirm a new commission before September.
Back to school time means the hectic summer movie season is truly over and Hollywood is entering it deadest zone of the year.
That may be possible because of plans to shorten Army combat-zone tours from 15 months to 12 months as of this summer.
In the summer of 2011 the economic recovery had stalled again, the euro-zone debt crisis was at full boil, global stock markets were down (the Dow down 19% from a top in early May).
Best of all, his residence stands in a zone that is spared the long power cuts that plague Delhi in the scorching summer months.
Many fear the euro-zone crisis will flare up again as investors and policy makers return from their summer holidays, so any window of calm could be relatively brief.
In this case, the stalled economic recovery got back on track, the euro-zone debt crisis faded into the background again, the stock market recovered from its summer correction, and although still expected, inflation had not shown up.
Nine (mainly European) governments have proffered a total of 5, 500 people to help the British run a southern Iraqi zone: some are already there, and the others are due to turn up later this summer.
ECONOMIST: Not enough peacekeepers in Iraq, and they are the wrong sort
Many euro-zone governments hoped Mr. Strauss-Kahn could find a way to relax the IMF's summer deadline.
WSJ: European Disunion: Dithering at the Top Turned EU Crisis to Global Threat
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