Word: gulf
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...compliance with the E.U. directive, foreigners will find the Swiss tax man reaching deeper into their pockets. But for every tax haven that loses its seductive charms, there's another working hard to woo the rich. Dubai, which has been dubbed the Switzerland of the gulf, has spent billions creating zones where foreigners can set up and invest in companies free from corporate tax. And other gulf states like Qatar and Oman are following Dubai's lead by making their own tax regimes more foreigner-friendly...
...real test of the gulf between McCain and conservatives - and his ability to bridge it - comes Thursday at the annual Conservative Political Action Committee (CPAC) conference in Washington. CPAC is the Lollapalooza of the Republican right, and its founder, David Keene, has been an outspoken critic of McCain's perceived anti-conservative transgressions on issues ranging from campaign finance reform (McCain's for it) to gun control (for it, in certain instances) to global warming (against it). As a result, McCain has routinely skipped the event; last year, he was booed in absentia. "He won't get a poor reception...
...fear that U.S. equipment could fall into the wrong hands. The drug cartels have turned many former police and army officers. One entire unit of army special forces deserted in the late 1990s to form a paramilitary group called the Zetas, who worked as bloody enforcers to help the Gulf Cartel get the edge over its rivals. The Zetas' paramilitary tactics were imitated by the rival Sinaloa cartel, which trained thousands of up-and-coming thugs in weapons and communications. After years of mutual beheadings and massacres, the two cartels recently made a truce, deciding the bloodshed...
...That brings us to Saudi Arabia, another soldier in our Iran picket line. The $20 billion in arms that Bush agreed to sell Saudi Arabia and other Gulf Arab states is meant to deter the Iranians from taking the Gulf. All well and good. But the question remains, as always, whether the Arabs will figure out how to use them. They didn't in the last war in the Gulf (1990-91), when the Kuwaiti army collapsed in a blink. As the Saudi army did when Saddam attacked Khafji. Both Kuwait and Saudi Arabia at the time were armed with...
...would Israel go it alone, bomb Iran's nuclear infrastructure? I asked an official in the Bush administration. "Fly over our fleet in the Gulf? I doubt...