Word: parliament
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...PORTCULLIS HOUSE Built to hold new offices for members of Parliament at a cost of $440 million, Portcullis House was the most expensive office block in Britain when it was finished in 2000. Imposing and elegant, it surrounds an airy courtyard, and seamlessly incorporates the ultramodern Westminster Underground station below...
...companies chiefly involve refurbishing and developing various oil and gas fields in southern Iraq. American and Iraqi officials say the projects can go forward without passage of a long-delayed national oil law, as long as each contract individually is approved by the Iraqi government and endorsed by the parliament...
...company looking to get involved in Iraq faces some major disincentives. Without an oil law, which appears unlikely anytime soon because of political bickering, companies wanting to start work in Iraq must essentially lobby both the Iraqi parliament and the government, which rarely find consensus. Two of the biggest projects, gas fields in the provinces of Anbar and Diyala, sit in territory plagued by violence and tribal politics. And none of the ventures are likely to allow companies to have a stake in any newly discovered oil reserves, the real moneymaking prize. "These deals themselves are not likely...
...Iraqi officials have repeatedly said a deal was near. Other reports have cited Iraqi officials saying a deal could be reached in the coming days. But talks continue to flounder as impasse after impasse remained unresolved. Hopes for a breakthrough waned further in recent days as the Iraqi parliament, which must approve any long-term agreement, adjourned for a month-long recess, which will be followed by the month-long Islamic holiday of Ramadan...
Indeed, Musharraf's options are few. Since stepping out of his military uniform last November, and being shorn of his parliamentary base in February, his authority has sharply diminished. But there is one arrow he can still reach for in his fast-emptying quiver: the power to dissolve parliament. Described as "the nuclear option," it would plunge Pakistan into a fresh phase of deep uncertainty and could even lead to unrest in the streets as each half of the coalition maneuvered to win full control of Parliament. However, a new election is likely to further empty parliament of Musharraf...