The ramifications cannot be beneficial for the vibrancy of the US or Europe.
But it is hard to imagine that either the US or Europe would accept such an outcome.
The first is unemployment of educated young people in North Africa and the Middle East which is not yet a political movement or social upheaval in the US or Europe- but which is in the forefront of public policy and partisan politics.
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However, it is not a simple as it might be in the US or Western Europe.
"I don't see many users wanting this device in the US or Western Europe, " said Francisco Jeronimo, research manager at consultants IDC.
Firstly, I want to give my strong view that the MIIT has no place in helping to resolve this dispute, and that similar mediation by a government regulator would never happen in a developed market like the US or Western Europe.
So far this threat may have manifested itself most obviously in European countries, but the US continues to worry about operatives attacking the US or entering the US from Europe.
You know, we just think they have much, much better fundamentals than in the US or the developed markets, and yet they have got coupons or bond yields that are substantially above rates that you can get in, say, the US, Europe, or Japan.
The thing is though we cannot just pass a law in Europe or the US and ban these subsidies.
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Adopting the political narrative of our enemies did not increase Israel's political fortunes in Europe, the US or the UN.
As globalisation continues then the low skilled workers in Europe or the US are competing with the very much lower paid Chinese workers.
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The other 133 pages of the report are what stop it from getting three cheers, but those two paragraphs alone make this a better policy than anything at all which has been done in either Europe or the US as yet.
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But she thinks their fees are lower than those of comparable clinics in Europe, the US, or South Africa.
Earnings prospects, growth prospects going forward are comparable to the guys in Europe or in the US and in Japan.
Punitive legislation, such as that being proposed in the US or that which is being implemented in Europe, will... make travel more expensive for everybody.
As gas prices are regionalised around the world, the sharp cut in US gas prices has not been seen in Europe or Asia.
Another expansion opportunity would come on the heels of either a political uprising in Europe that required US support to quell, or a reactionary US government that closed itself from their liberal European allies.
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Could we safely rely on the same folks who are helping Iran's loathsome regime amass the destructive capability it may well use against Israel, Europe or the United States to help us defend against that very threat?
During his 60-year career, Robert Trent Jones, Sr designed or redesigned more than 500 golf courses in the US, Europe and Asia.
The game challenges players to complete as many train trips between US cities (or in later editions of the game, in Europe, Africa and Scandinavia) as possible.
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Those are the kind of steps we can take that will help our economy grow, will help it create jobs and will insulate us from potential future shocks whether they come from Europe, or as they did earlier this year from Japan, or the Middle East.
Just think back to February 2011 when icy conditions in North America led to the grounding of about 20, 000 flights, according to FlightAware.com, or December 2010, when snowstorms in Europe and the US led to about 8, 000 flight cancellations.
No longer civilians with an inherent right to live, in universities throughout the US and Europe, Israeli innocents were castigated as "extremist-Zionists" or "settlers" who basically deserved to be killed.
Mr Perret said that while mobile phones were hugely popular in Africa, most people used very basic mobiles or feature phones rather than the more sophisticated smartphones seen in the US and Europe.
There is no realistic prospect that the US administration will do anything which might upset or oppose Microsoft, but here in Europe we have a more robust attitude to the company and its activities.
This is not, by the way, the stuff of mass market art stores or Internet megamarkets, but rather, presentations from major galleries in the US and Europe.
For all the talk of fiscal meltdowns and warring politicians, investors seem to think the US economy is now better able to deliver that growth than either Europe's or Japan's.
Nor does it bring us any closer to deciding who will pay for Europe's sovereign debts, or how to shepherd its banking system through a necessary period of shrinkage without killing the supply of credit to the economy.
"If Europe is contracting, or if Europe is having difficulties, then it's much more difficult for us to create good jobs here at home, " he said.
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