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...attendees themselves were even more strident. "The bonus bubble burst tonight," said Swedish Prime Minister Fredrik Reinfeldt, whose country holds the E.U. presidency. He said inaction on bonuses would be a "provocation in Europe, especially when set against a steep rise in unemployment." And British Prime Minister Gordon Brown said there would be no return to the bonus structure of the past. "I am personally appalled by some of the practices that have been going on at some institutions," he said...
Jerry Jones, Texas billionaire, hands-on owner of the Dallas Cowboys and prime mover behind his team's massive, glittery and very expensive new stadium, can tell you exactly the words he wants people to think when they first get a good look at it: the future...
...inflation overall, but there is public outrage at wheat and sugar shortages. A further $5.5 billion is on the way through pledges made by the Friends of Democratic Pakistan, a consortium of allies, which will meet in New York next week with Obama, President Asif Ali Zardari and British Prime Minister Gordon Brown in attendance. In terms of metrics, achieving global consensus that Pakistan must be stabilized is an easy goal to reach. Making something of the consensus, however, requires more cash and development thrown in the right direction...
Patience will also be needed in any attempt to boost civilian control over Pakistan's all-powerful military. Although on paper Zardari is the "supreme commander of the armed forces" and the powerful Inter-Services Intelligence (ISI) agency reports to Prime Minister Yousuf Raza Gilani, these are what one senior Western diplomat describes as "constitutional fictions." Under General Ashfaq Kayani, the army has resisted intervening directly in politics, but has repeatedly asserted its clout through backstage maneuvers...
...vote. This, they say, would spare Afghanistan and the international community another costly and potentially violent vote in the midst of winter blizzards. Hence all that talk of a backroom deal between Karzai and Abdullah, in which Karzai would remain President but Abdullah would be named as Prime Minister or some such role. (See pictures of British soldiers in Afghanistan...