Word: abroader
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About 35% of the shares will be up for sale to investors abroad, making some Kenyans grumble that rich foreigners - or rich Kenyans with foreign bank accounts - would profit off the sale. "It's just another advantage to the rich, who will keep their millions and millions," says David Mutua, 27, a security guard. Still, the IPO was so popular among ordinary Kenyans that even opposition leader Raila Odinga, who narrowly lost a disputed presidential election to incumbent Mwai Kibaki in December, had to dial back his distaste for the offering. Once he realized that the sale would go ahead...
...Tsvangirai have appeared in public, nor released any statement. Senior ministers are also staying hidden and not answering their telephones. Riot police have been deployed on the streets of the capital, Harare. There have been no clashes so far, but the limbo in Zimbabwe leaves residents there, and observers abroad, anxious about how it will end. With reporting by Howard Chua-Eoan/New York
...Others worry about America's standing abroad. Though the U.S. abides by most treaty obligations, its reputation has been seriously damaged after eight years of high profile snubs by the Bush Administration - starting with the abrogation of the Anti-Ballistic Missile treaty, and peaking with Bush's war on terror end-runs around the Geneva Conventions and the Convention Against Torture. In fact, Bush's attempts to expand presidential power, and now the Medellin ruling, have exposed to Americans and foreigners alike the real problem: the weakness of the U.S. system for complying with international...
...That may produce concern abroad in the short term, as foreigners worry any U.S. state can now ignore existing traditional treaties that haven't been "implemented" by Congress. But by regularizing American treaty approval in the future, the Court may clarify and even strengthen the force of international law at home. In that sense, the Bush Administration may have lost twice in the Medellin case ruling...
...This classroom is empty since around 50 or 60 kids left our school to live with their parents in Spain, so we thought we would organize an extracurricular activity. That way, especially the kids whose parents are abroad are under supervision and don't get into trouble," says Catalin Ionut Florea. "The kids were really enthusiastic," adds her colleague Marian Vinatoru. "We have collected about 500 historical artifacts and are planning to expand the collection to a second room...