Word: primed
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...been James Tobin's turn. Close to four decades since the Yale economist proposed a levy on foreign-exchange transactions - or a "Tobin tax," as the suggestion became known - the idea is enjoying a new lease of life. At a meeting of G-20 finance ministers last weekend, British Prime Minister Gordon Brown suggested the group of leading countries consider the tax to establish "a better economic and social contract between financial institutions and the public based on trust and a just distribution of risks and rewards...
...Billed as "the biggest tobacco exhibition in Asia," Tabinfo 2009 has been years in the making. Nonetheless, the meeting apparently caught Thailand's government by surprise. Prime Minister Abhisit Vejjajiva, who has said he was unaware of the conference until two weeks before it started, ordered government and tourism agencies not to do anything to promote or support it after activists presented him with a petition opposing the conference that contained more than 82,000 signatures. Thailand's state-run tobacco monopoly withdrew its exhibitions and sponsorship of a buffet breakfast for industry representatives just days before the conference began...
...Saad Hariri, son of the murdered former Prime Minister and leader of the ruling coalition, initially balked at Hizballah's terms, but eventually had no choice but to give in. Lebanon's longstanding deadly rivalries and the ever present threat of violence have made Lebanese politicians wary of acting unilaterally, which is why Hariri invited Hizballah and its allies into the Cabinet in the first place. And Hariri is increasingly isolated, with none of his allies being prepared to confront Hizballah head-on given the experience of the May 2008 mini-civil...
...Prime Minister José Luis Rodríguez Zapatero's administration must try to find the best diplomatic and military solution to the standoff, even as it deals with the fallout from a looming judicial ruling. "In capturing and extraditing those two, the government made a hasty decision," says Carlos Echeverria, professor of international relations at Madrid's National Distance University. "They didn't think of the consequences." (See pictures of the brazen pirates of Somalia...
...government's stance seems set. On Nov. 8, Spain's ambassador to Kenya met with Omar Abrirashid Ali Sharmarke, who is Prime Minister of Somalia's Transitional Federal Government. The following day, after declaring that the two pirates "have to be tried," Spanish Justice Minister Francisco Caamaño Dominguez affirmed that the administration had left open the door to a trial in Somalia if an agreement could be reached. Because Spain has no extradition treaty with Somalia, which it considers to be a failed state, the government is said to be considering turning the two men over...