Word: majored
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...Turkey this decade as companies ranging from French insurer Axa to U.S. private-equity firm Kohlberg Kravis Roberts snapped up Turkish assets. But that flood has now been reduced to a trickle. The burgeoning middle class is starting to curb its free-spending ways, and the nation's two major export industries - automobiles and textiles - are watching nervously as international sales drop...
...Turkey's oddities that the Steag plant, the Isdemir steel factory and the Renault plant are either joint ventures with or wholly owned by an organization called OYAK, which is the military's professionally managed pension fund. Unusually for a pension fund, OYAK directly owns and operates major sectors of the Turkish economy, and it has boomed along with Turkey these past six years. Indeed, OYAK is now the third largest business in the nation, behind the conglomerates owned by the Sabanci and Koc families. Its rapidly growing profits this decade have ensured that military officers now get substantial lump...
...police are killed or wounded every day. The death toll has prompted accusations from security analysts and development organizations that the police are being used as cannon fodder - a cheaper version of the ANA, which benefits from several more months worth of training, and better weapons. Major General Robert Cone, the U.S. commander in charge of building the Afghan security forces, defends the program, pointing out that the ANA is still too small to tie brigades down to high-risk districts when the mobile forces are required to clear other insecure areas. Instead, police districts that have gone through...
...posts along major transport routes, such as Bala Beluk, go for $200,000 or more a year, money that is then recouped up to eight-fold via tolls, pay-offs and unofficial taxes on merchants. One hapless would-be district chief, General Habibullah, sold his Corolla in order to pay the 150,000 Afghanis ($3000) bribe he thought he needed to secure a lucrative post in the northern province of Takhar, only to learn his mistake a day later: the request for 150,000 referred to dollars, not the local currency. "One hundred and fifty thousand Afghanis didn't seem...
...Major General Cone recognizes that turning the Afghan National Police into a professional force will take years. Khalil is simply a minor player on the bottom rungs of a ladder that goes much higher. "Right now there are too many people who can pick up a phone and say to their man in the Ministry of the Interior, 'Call down and move 200 guys this way,' or 'look the other way on this,'" says Cone. "Reform will be essential to fixing the police...