Word: fronte
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...front end of the process, the U.K. has essentially begun that nationalization of some banks. It will end up with a 70% share in RBS. The stunning part of the program is, according to Bloomberg, that the government will require aid recipients to sign "specific and quantified" agreements to lend, reflecting Brown's frustration at the failure of an October rescue to unlock credit markets. (See pictures of London's gathering storm...
Last October, when British Prime Minister Gordon Brown and his Finance Minister, Alistair Darling, unveiled their emergency intervention to recapitalize U.K. banks, they did so in front of a capacity crowd in the oak-paneled suite of rooms at 10 Downing Street, which are used for the Prime Minister's press briefings. At this morning's sequel performance, when Brown and Darling presented their new emergency plan to try again to get banks lending, journalists were outnumbered by their hosts and attendant staff. In just a few months, the prospect of the government spending billions of pounds of taxpayers' money...
...said you liked barbecued ribs, we'd put a big portion of them in front of you," says Wang. "We'd warm them in a microwave first so you couldn't get away from the smell, and we'd give you a cotton ball with a bit of the food on it so you could taste it. Then we'd have one of the nurses describe how the food was made." (See pictures of what makes you eat more food...
...combat front, there has been surprisingly little opposition voiced in military circles to Obama's pledge to withdraw about half the 142,000 U.S. troops in Iraq within 16 months. In part, that's because Obama has said he will listen to commanders if they begin to feel the withdrawal is jeopardizing the uneasy peace there. But he has also benefited from the recently signed deal between Iraq and the Bush Administration calling for removal of virtually all U.S. troops from the country within three years...
...Perhaps it should. While the death toll was low compared with other recent attacks, the bomber - Shamsullah Rehman, according to the Taliban spokesman who took credit for the blast - was able to penetrate the very center of Kabul. He detonated his Toyota Corolla in front of the German embassy and across the street from a U.S. military base on one of the most well-guarded roads in the capital. The attack took place less than two months after a similar bombing in front of the U.S. embassy that killed four, and just over a year after an audacious commando-style...