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Word: allowability (lookup in dictionary) (lookup stats)
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...sounded like a pipe dream. Today, he argues, the need for such a grouping is all the more important because the global financial crisis underlines how individual countries, even supremely powerful ones, cannot rely on go-it-alone approaches. "I am acutely conscious of what happens when you simply allow things to drift to unrestrained nationalism," Rudd told TIME. "[I want to] avoid long-term strategic drift, avoid the possibility of America drifting away from Asia." And, as an Australian, he believes he has the power of "a creative middle-power diplomacy [that is] friends of all, enemy of none...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

...eastern policy does not clash with Russian interests in their common neighborhood. They have asked Russia to take part in some regional initiatives such as an effort to strengthen energy security. So far, though, Russia has refused to play ball. But the E.U. cannot simply pull back and allow Russia to dominate Eastern Europe. It must stick firmly to its objective of helping its neighbors to decide their own destiny. If Europe is to remain credible, there is no other course worth pursuing...

Author: /time Magazine | Title: Europe and Russia's Continental Rift | 7/13/2009 | See Source »

Feeling protected - surrounding an enterprise with the law and security to allow it to prosper - is essential to business and development, no matter where you are. But it has been Africa's pre-eminent blight in the half-century since colonialism that many of its rulers offered nothing of the sort. The businesses that thrived amid the war, autocracy and corruption of postindependence Africa were of a depressing sort: emergency aid, arms-dealing, disaster journalism and security-ringed extractive industries for whom development was too often someone else's problem. There were exceptions, countries like Botswana and Mauritius and businessmen...

Author: /time Magazine | Title: Rebuilding Liberia | 7/13/2009 | See Source »

...stated in a recent interview an interest in taking custody of all three children, and her lawyer is involved in the guardianship proceedings. A guardianship hearing set for July 13 in Los Angeles was postponed until July 20. Katherine's lawyer said in a statement that the delay would allow the opportunity to "privately and amicably" resolve the issue...

Author: /time Magazine | Title: Joe Jackson Makes Bid for Care of Michael's Kids | 7/11/2009 | See Source »

...approved budget will also raise the state's meal tax from 5 to 6.25 percent, and will allow local communities to raise the tax to 7 percent and keep the extra revenue. A 5 percent gross receipts tax will also be exacted on satellite TV providers' receipts from subscriptions, and local hotel taxes will increase by 2 percent. Sales tax will now also apply to alcohol purchased from retail stores, which had previously been exempt...

Author: By Ellie Reilly, CRIMSON STAFF WRITER | Title: State Sales Tax Hike Unnerves Some Square Businesses | 7/10/2009 | See Source »

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