Word: extractive
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...government to demonstrate good faith in peace negotiations with the Palestinians by freezing settlement activity on the territories conquered in the war of 1967 - a failure that has underscored Arab skepticism over talking peace with Netanyahu - the White House appears determined to use the Israeli gaffe as leverage to extract a major concession to spur the peace process...
European voters have not authorized the EU to become an integrated political union that can determine a common fiscal policy for eurozone members. As such, it should not be in the power of European leaders to extract from EU treaties the ability to do so; rather, they should allow the IMF to lead the charge as it is an institution designed to do just that. Difficult as it may be, the EU must ensure that whatever steps it takes toward stronger economic union are not yet dependent on strengthening its political...
...Senator Christopher Dodd, the Democratic chairman of the Senate Banking Committee, recently broke off negotiations with Senator Richard Shelby, the ranking Republican, a politician so committed to bipartisanship that he placed a hold on all Obama Administration appointees to extract some pork for Alabama. Now Dodd is trying to negotiate with Senator Bob Corker of Tennessee, who said in a recent interview that he truly believes an agreement is possible. But in that same interview, Corker described some modest Administration proposals - like giving consumers the option of a simple "plain-vanilla" mortgage - as "way, way out in left field...
Soon, however, the troops began to feel like they were trapped inside a gold mine with no way to extract the bullion. Their stacks of dollars and pesos added up to nothing because there was nothing to buy: no bars, no brothels, no BMW dealerships. "Imagine having so much money and nothing to eat!" said one of the Colombian GIs, Frankistey Giraldo, whose father named him after Frankenstein. When they looked at themselves, they still saw a bunch of hungry, unwashed peasants in the middle of no-man's land. They were fabulously wealthy. Except they weren...
...Conflicts like the one in Niyamgiri are becoming increasingly common in India, as the country tries to extract and exploit the mineral wealth in its forests and mountains. India allows state governments to appropriate land for use by private companies provided the people displaced are compensated and resettled. People living on that land cannot object once the state acquires it, and in Orissa the authorities have approved 54 projects worth $46 billion. That process has already displaced 1.4 million people in the state since 2001, according to India's Rural Development Ministry. The Dongria are challenging this policy...