Word: britain
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...Housman’s big-time three that put the Crimson up for good last night en route to its 72-67 ousting of the Wildcats. But it isn’t. Travel back almost one year ago. Against Central Connecticut State on a cold winter night in New Britain, Connecticut, Housman capped an 18-point Crimson comeback victory with this very play, one that was eerily similar to the one that occurred last night against the Wildcats. The only difference between the two games: two points. Against New Hampshire, the team was down two, not four, and the final...
...argue for an alternative. "Now that Russia has cast its lot so effusively with Serbia," said one Western official, "I don't see another five, six or 10 months of talks providing any significant benefits." Fed up with the stonewalling, the U.S. and major E.U. countries such as France, Britain and Germany have now signaled their readiness to recognize Kosovo, though a handful of smaller E.U. states like Spain and Cyprus may yet withhold formal recognition, worried that such a concession might encourage separatists on their own turf...
Embattled heads of government often find solace in foreign affairs. At a comfortable remove from the rough-and-tumble of domestic politics, they can cultivate a statesmanlike image on the international stage. No such luck for Gordon Brown, Britain's Prime Minister: a nasty scandal brewing in the U.K. followed him all the way to Uganda. It was there, he says, on the eve of his return from the Commonwealth Heads of Government Meeting in Kampala, that he learned that the Labour Party's General Secretary Peter Watt had accepted donations for party coffers in a potentially criminal breach...
...After a series of mishaps, upheavals and slip-ups, that reputation looks tattered. The U.K. economy is being buffeted by the shockwaves from the subprime crisis in the U.S.; Britain's fifth-largest mortgage lender, Northern Rock, is being kept afloat by guarantees from the Bank of England. Brown has defended his government's handling of the affair, and says his response to diverse challenges in the first months after he took office prove his competence. He looked calm and in control after terrorists targeted London and Glasgow in July and when an outbreak of foot-and-mouth disease...
...Shareholder dissatisfaction now sets up a showdown with Britain's Treasury, the Bank of England, and the Financial Services Authority (which support the deal in large part because it promises an immediate repayment of $22.7 billion of the $47 billion bail-out). Should shareholders block the takeover, and no other suitable bidders are found, the British government could decide to nationalize the bank or force it into bankruptcy, stripping shareholders of their investment. Either resolution would further embarrass a government still reeling from criticism of its handling of the early stages of the crisis. In September, nervous pensioners withdrew...