Word: britains
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...doesn't qualify as a breakthrough, but after months of deadlock and mutual recrimination, it appears the leaders of Israel and Palestine may be slowly getting closer to restarting peace talks. Word of creeping movement toward possible renewed negotiations arose from Israeli Prime Minister Benjamin Netanyahu's visit to Britain and Germany this week, sparking fragile hope - and guarded optimism...
...only in pursuing the perpetrators of the Lockerbie bombing, but - perhaps more important in the minds of Washington and London - boxing in one of the developing world's most persistent troublemakers, who had spent two decades making mischief throughout Africa and the Middle East. Having largely achieved that objective, Britain and the U.S. may be in no great hurry to resolve the Lockerbie standoff...
...Libyan officials are to meet with representatives of Britain and the U.S. next week to discuss what remains to be done in order to have the sanctions lifted. Even though Libya has the backing of the Arab League in demanding an immediate end to sanctions, don't expect any movement soon. For one thing, the Libyans want to wait until Megrahi's appeal is over before considering compensation - and that'll be just fine with the West. Ghaddafi's neighbors may begin simply ignoring sanctions as they have been doing with Iraq, but it could still be years before...
...bringing in natural gas through a pipe under the Mediterranean. Libya is keen for investment to help fund much needed work in roads, rail links, telecommunications, and even on its oil rigs. Libya's Soviet-era military equipment is also in bad need of an overhaul, and France, Britain and Russia are all vying for multi-billion-dollar defense contracts. "Libya can offer a lot of investment opportunities," Zainy said. "There is construction, there is trade." (Read: "French Defense Execs Woo Gaddafi...
...Greek island of Corfu, where they were both vacationing. Mandelson's staff said the politician made no assurance of Megrahi's release. Still, says Mohammed-Ali Zainy, senior economist at the Center for Global Energy Studies in London, "There can be no dispute that this strengthens the relationship between Britain and Libya." Mandelson has since said that the allegation of a trade deal between the U.K. and Libya was "wrong, completely implausible and... quite offensive...