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Word: britishized (lookup in dictionary) (lookup stats)
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...Kazakhstan. Now, the trouble has moved much closer to home as the credit agency lowered its credit rating outlook for the U.K. from "stable" to "negative." The agency is concerned about the increase in government debt and decrease in GDP. The action may make it more difficult for the British government to raise money or, alternatively, it may force the country to pay higher interest rates. (See pictures of the global financial crisis...

Author: /time Magazine | Title: U.K. Debt Moves Sovereign Borrowing Issue Closer To U.S. | 5/21/2009 | See Source »

...slump may also prompt fraudsters to rationalize their behavior. According to a survey published in February by British insurer RSA, 3% of adult Britons said hard economic times made committing insurance fraud more acceptable. We're seeing that already: the number of fraudulent claims rose 17% in the U.K. last year, with commercial claims accounting for a third of their value. (See pictures of the financial crisis in London...

Author: /time Magazine | Title: The Reasons Fraud Spikes in a Recession | 5/20/2009 | See Source »

...became a hub for maritime trade in the early nineteenth century. Before the arrival of the steamship, when three-masted clippers sailed between India and China with cargoes of tea, silver and opium, Singapore was a midway point and a place to drop anchor during the stormy monsoons. Under British colonial rule Singapore developed into a free port where import and export duties were scrapped and passing ships could cheaply purchase all their rigging, provisions, and bunker oil. As the industry grew, the figure of the ship chandler passed into Singapore's literary lore, appearing most memorably in Paul Theroux...

Author: /time Magazine | Title: Plunge in Trade Is a Boon for Singapore Ship Suppliers | 5/20/2009 | See Source »

...face being dropped or disciplined by their own parties; others will no doubt be voted out at the next general election (one is due within a year). Sir Paul Stephenson, head of Scotland Yard, said police may investigate some of the expenses claims. (See pictures of the British police...

Author: /time Magazine | Title: Britain's Expense Scandal Claims Its First Big Victim | 5/19/2009 | See Source »

...backlash against Westminster's culture of venality at the European and local elections scheduled for June 4. One poll found that 27% of voters were considering switching their support to a small party, with the biggest winners being the Greens, the Eurosceptic UK Independence Party and the far-right British National Party...

Author: /time Magazine | Title: Britain's Expense Scandal Claims Its First Big Victim | 5/19/2009 | See Source »

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