Word: foreign
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...That perceived disingenuousness may come back to bite Beijing, in two ways. "If they're seen as just inventing reasons to prevent big Chinese companies from being acquired, that's going to have a chilling effect on foreign investment," says a senior Hong Kong investment banker. It will also hurt China's own economic interests abroad. The Australian government is reviewing the proposed $19.5 billion investment from Chinalco - China's huge state-owned aluminum company - in Rio Tinto, the world's second largest mining company, as well as a couple of other, smaller deals in the mining sector. But opposition...
...reasonable question, and now it becomes even more pointed: Why should Chinese state-owned companies be permitted to go on a buying spree abroad, when a foreign company - indeed, perhaps the world's most famous foreign company - can't even buy a fruit-juice maker in China, one owned and run not by the government but by an old-fashioned entrepreneur who wanted to do the deal? Beijing's explanation aside, there's really no good answer to that question. In a world now beset with more than enough economic problems, including diminished international flows of both goods and money...
...When asked about his antics, Chiapinni explained to me that “It’s really a question of capitalism. Some win, some lose.” But, like the pleas of inefficient industries looking to the government for protection from foreign competition, his logic is flawed. The current system does not, in any way, resemble capitalism. In fact, it represents a kind of blind socialism in which a central planner distributes resources with no consideration for efficiency or equity and then walks away...
...Still, after 233 years of constitutional development, a supermajority is only required in five cases: to override a presidential veto, to amend the constitution, to pass treaties with foreign nations, to convict impeached public officials, and to expel members of the House or Senate. Nowhere does the Constitution say you need 60 votes just to debate contentious legislation...
...lite Sunni families, many of whom sought refuge in Syria after the 2003 U.S. invasion and the fall of the dictator. According to several Iraqi generals from the national police and the army, some of these die-hard Saddam loyalists have been funneling funds and fighters - both foreign and Iraqi - across the 185-mile Syrian border with Nineveh...