Word: primed
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...Having sanctioned some $1.3 trillion in state- and central-bank aid to protect its country's troubled lenders, Britain's government has been mulling a bank tax for months. Prime Minister Gordon Brown's proposal last fall for an international "Tobin tax" - a levy on financial-market transactions ranging from foreign-currency trades to derivatives - received a chilly reception abroad. U.S. Treasury Secretary Timothy Geithner pooh-poohed it as "not something we're prepared to support." But Darling's call for a global bank tax could yield something closer to the U.S. vision. Such a levy might involve taxing banks...
Amaral noted that the top floor of the building—which is currently occupied by the ornithology division—is prime property: “It’s a nice spot. I’d have to know what the museum was getting in return for giving up that space...
...standoff between Prime Minister Benjamin Netanyahu and the Obama Administration concerns whether Israel can build in those parts of the city it captured in the war of 1967 - the Jewish state's claims to East Jerusalem are not internationally recognized, and building there is considered settlement activity by the U.S. and the rest of the international community. In order to restart peace talks, the Obama Administration has demanded that Israel freeze all settlement construction, in line with its obligation to do so under President Bush's 2002 peace road map. Netanyahu demurred, offering instead a temporary slowdown in West Bank...
...Iyad Allawi is the new Comeback Kid of Iraqi politics. The results of the general election announced Friday, March 26, show that Allawi's secular Iraqiya block has won 91 seats in the 325-seat Iraqi parliament - well short of a majority, but two more than its nearest rival, Prime Minister Nouri al-Maliki's State of Law slate...
...Less than 24 hours after the disastrous regional results were announced, Sarkozy instructed Prime Minister François Fillon to cull the carbon tax rather than apply it as planned. The reason: the reform was one conservative voters and legislators alike have derided as leftist. At its heart was a $23 tax on each ton of carbon produced - mainly applied at the gas pump and via heating bills. (See TIME's coverage of the World Energy Technologies Summit...