Word: britains
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Sheik Ahmed was a senior member of the ruling al-Nahayan clan, and since 1997 was charged with overseeing the day-to-day runnings of the Abu Dhabi Investment Authority (ADIA). The fund has stakes in companies including Citigroup, the Hyatt Hotels and Britain's Gatwick airport. Engorged with Abu Dhabi's substantial oil surpluses, ADIA's assets are estimated at between $300 billion and $800 billion. It was Abu Dhabi's wealth that helped bail out sister city-state Dubai when it ran short of funds to complete the world's tallest building - which was then renamed the Burj...
...damage may be permanent. On March 28 an influential cross-party committee of MPs in Britain weighed in on the wider impact of that policy. "The perception that the British Government was a subservient 'poodle' to the U.S. Administration leading up to the period of the invasion of Iraq and its aftermath is widespread both among the British public and overseas," states a report from the House of Commons Foreign Affairs Committee. "This perception, whatever its relation to reality, is deeply damaging to the reputation and interests...
...Party, an account by British political commentator Andrew Rawnsley of how Britain's Labour government came to squander a huge popular mandate to face possible defeat in the forthcoming parliamentary elections, identifies a multiplicity of contributory factors. Blair's unwavering determination to stand "shoulder to shoulder" with a martial U.S. is prominent among them. (See pictures of the George W. Bush-Tony Blair friendship...
...There is no doubt the U.S. and Britain remain important strategic partners. But the U.K.'s one-sided obsession with the relationship has made it overestimate its influence in some areas and fail to assert itself in others. Since last July, a public inquiry into the Iraq war chaired by former civil servant John Chilcot has been hearing testimony from British politicians, military chiefs and officials involved in the decision to go to war and the planning for its aftermath. Much of the testimony so far has laid bare the way in which Washington called the shots, often ignoring British...
...Obama "comes with a very different perspective. He is an American who grew up in Hawaii, whose foreign experience was of Indonesia and who had a Kenyan father. The sentimental reflexes, if you like, are not there." The committee concluded - and many observers of U.S.-U.K. relations agree - that Britain can only benefit from shedding those reflexes...