Word: developed
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...destruction and has made clear that it believes the best way of doing so is by military action. Adding another problem to a plateful of them, the Administration disclosed last week that North Korea, in breach of an agreement signed in 1994, had admitted to restarting its program to develop nuclear weapons. And the crisis between the Israelis and the Palestinians, with its potential for poisoning relations between the U.S. and moderate regimes in the Muslim world, seems as intractable as ever. Mighty the U.S.'s resources may be, but in terms of military, diplomacy, intelligence gathering and synthesis...
...choice but to authorize an invasion to enforce its own writ. UN authorization would also create essential political cover for some skeptical allies to sign on for an invasion. That meant the starting point was to send UN arms inspectors back to ascertain whether Iraq has indeed continued to develop weapons of mass destruction. While that point is broadly agreed, the breakdown has been over the terms of those inspections, and how to proceed if they're blocked, with the Russians and French leading a Security Council majority leery of being used simply to create a "trigger" mechanism...
...story goes, Shleifer invested $464,000 in Russian oil companies, securities and equities—an overlap with the area of the Russian economy that he was helping to develop, while Hay put $20,000 into a mutual fund that invested in Russian equities. Hay, it is claimed, also gave a $66,000 check to Shleifer for Russian investments. The woman Hay is now married to, his girlfriend at the time, was the primary owner of the Pallada Mutual Fund Management Company—the first fund registered to sell to the Russian public. Through HIID, Hay oversaw such registrations...
While the ombuds position would turn over from time to time, the professional staffer would serve for a number of years and develop “institutional memory about how discipline and disputes are handled at the University,” he said...
...greater worry than tourism is the long-term damage that could be done to Indonesia's flagging economic competitiveness. The country depends heavily on foreign investment to develop infrastructure, build and run factories, extract oil and gas, and create jobs. But due to the perception that Indonesia is a hostile environment for business, foreign direct investment (FDI) has already plunged from its pre-crisis level of $6.2 billion in 1996. Investors seeking low-cost operations are avoiding the country; most are relocating their factories to China. Last year, Indonesia registered a net FDI outflow of $5.9 billion, making...