Word: britain
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...feeble economy, Irish Finance Minister Brian Lenihan promised $6 billion worth of savings in a budget aimed at taming the country's stubborn deficit. The plan is his second budget this year, and Ireland's harshest in decades. In a mini-budget announced a couple of hours earlier, Britain's Alistair Darling unveiled his government's latest plan to fix the U.K.'s broken economy, including a punitive tax on bankers' bonuses, a rise in social security contributions and a cap on public-sector workers...
...Russia, China and South Korea paraded on stage and dropped their bids into a sealed box, in a ceremony broadcast live on Iraqi television. It was meant to be grand theater, but proved a p.r. failure for Baghdad. Just one bid succeeded: it was submitted by a partnership between Britain's BP and China National Petroleum Corp. (CNPC) for production rights to southern Iraq's giant Rumaila field. Other companies abandoned the process after Iraqi officials refused to pay more than $2 for each barrel produced above a certain threshold. (Instead of leasing the fields to operators and receiving royalties...
...equipment. The country produces just 2.5 million barrels a day, down from 2.8 million barrels before the U.S. invasion and a sharp drop from its high of 3.7 million barrels in 1979, when Saddam boosted production to finance his calamitous war with neighboring Iran. A government adviser recently told Britain's Independent newspaper that only about one-third of the 1,400 wells in southern Iraq are functioning. Oil Minister Hussein Shahrastani estimates it will cost about $50 billion to upgrade infrastructure needed to produce Iraq's target of 6 million barrels a day by 2017. "Iraq's oil industry...
...lites. Kwame Nkrumah, Ghana's pan-Africanist, earned a B.A., and M.A., in the U.S. Zimbabwean Robert Mugabe is a former teacher who was raised, in part, by the Jesuits and earned four university degrees by correspondence in prison. Mbeki too spent years in exile studying Marxism in Britain and the Soviet Union. Even Mandela was a chief's son and one of the country's first black lawyers before he became a revolutionary. For these men, the struggle was as much intellectual as physical. (See pictures of South Africa after 15 years of ANC rule...
...Swiss voters supported the ban - charges of racism be damned. France passed a law in 2004 that bans young women from wearing Islamic headscarves in public schools, and has now joined the Netherlands in debating a ban on full-body coverings like a burqa. And Muslims in multicultural Britain have also repeatedly accused officials there of talking down to them with urges to drop clothes that 'form a barrier' between them and mainstream society...