Word: britain
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...Britain may have lost some of its olde-worlde charms to the dual forces of modernizing government and globalization, but there's one corner of the nation left largely untouched by progress. Parliament's Upper Chamber, the House of Lords, with its 743 members, including 92 who are there only by dint of their aristocratic lineage, remains a byword for tradition and gentility. Those qualities were at least partially reflected in a recent headline from The Sunday Times: "Whispered over tea and cake: price for a peer to fix the law." According to the article, the polite rituals of afternoon...
Photos: 20th Century Britain...
...French blockade of the Tagus river at Lisbon. Returning to England, a fierce storm hit the fleet, first separating the Victory from the other ships, and then sinking it, reportedly near the Channel Islands. The 1,100 sailors on board, as well as the sons of some of Britain's most prestigious families who had signed on for the merchant adventure, disappeared...
This time around, Odyssey again expects the British government to see things the same way, and is currently negotiating with the country's Ministry of Defence. But because Britain in 2005 adopted UNESCO's patrimony guidelines as 'best practice,' a Sussex-style agreement would come loaded with inherent conflict. "There's the problem, isn't it?" says Sarah Dromgoole, professor of maritime law at the University of Nottingham. "They should ensure that any agreement is in compliance with UNESCO guidelines, and that includes ensuring that a cultural heritage site is maintained intact...
...Friday, reports surfaced that Geithner was thinking about shelving the bad bank approach for now, and just moving forward with the loan guarantee program. If it does, Washington officials would not be alone. Last week, Britain rolled out its own loan guarantee program as part of that country's effort to help its struggling banks...