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Newsweek International Editions: Highlights And Exclusives, May 19, 2008
Date:5/11/2008

Prime Minister Jose Luis Rodriguez Zapatero in 2006 eliminated the church's exemption from paying the value-added tax. Now he is moving ahead with distinctly secular projects, including introducing sexual-education classes in school and providing government funding for a free, over-the-counter morning-after contraception pill.

http://www.newsweek.com/id/136356

GLOBAL INVESTOR: What's in a (Foreign) Name? Columnist Daniel Gross writes that naming rights are becoming a sought-after U.S. export. "Appeal to the vanity of status-hungry rich people or CEOs, and they'll pay top dollar to have their names associated with yours," Gross writes. "As the geography of global wealth rapidly shifts -- with rich American institutions becoming suddenly poorer and impressive pockets of wealth bulging around the globe -- naming rights have quickly evolved into what might be considered a new category of export."

http://www.newsweek.com/id/136303

WORLD VIEW: An Underwater Threat. Daniel Blumenthal, a resident fellow at the American Enterprise Institute, writes that, "for many years, America's security umbrella over the region has allowed Asia's great powers, including China, to focus on economic growth rather than military competition. Now China's rapid buildup could spark a costly regional competition that could potentially slow Asia's economic growth, as funds are diverted to military spending and investors are scared away."

http://www.newsweek.com/id/136366

THE LAST WORD: Israeli Prime Minister Ehud Olmert. Special Diplomatic Correspondent Lally Weymouth spoke with Olmert, who addressed the investigation into charges that he accepted hundreds of thousands of dollars in illegal campaign contributions when he was mayor of Jerusalem. He also spoke about the possi
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