Word: agreement
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...International Monetary Fund's recommendations on bank taxes - a report commissioned by the G-20 countries last year - might help coax reluctant nations into considering the measure. "Some countries feel they did their homework," says Arturo De Frias, an analyst at Evolution Securities in London. Should there be an agreement on the issue, he says, "I would be very, very surprised...
...unilateral measures lack the sting of those enjoying widespread support. Britain's opposition Conservative Party has pledged to introduce a levy of its own should it win the May elections - with or without global support. "It just means there's less you can do if there's not international agreement than if there is," Conservative leader David Cameron said Tuesday. On the back of a one-off tax on bank bonuses and a hike in income tax for its highest paid staff, you can almost hear the financial sector cheer...
...while Reid and Coburn are trying to hash out an agreement - Bunning eventually settled for a vote on an amendment that would have paid for the bill using unused stimulus funds, which failed - other Senators are looking at leaving and then passing legislation when they reconvene April 12. "Whatever we do will be retroactive if we don't get it done now," Senator Debbie Stabenow, a Michigan Democrat, told reporters...
...evening. While U.S. officials sought to press Netanyahu to make a series of gestures to build Palestinian confidence in a new round of talks, the episode has instead reinforced the widespread skepticism of the prospects for the Netanyahu government and the Palestinian leadership being able to reach a peace agreement. (See pictures of Jerusalem, a divided city...
...both sides worked on the issue. The Administration clearly fears that the hard-line position staked out by Netanyahu on Jerusalem jeopardizes any prospect of getting the Palestinians or the wider Arab world to engage with him, rendering any renewed peace effort stillborn. As Olmert pointed out, no peace agreement would be accepted by any Palestinian or Arab leaders that didn't give the Palestinians control of part of Jerusalem...