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...house in London, but Cherney is a resident in Israel, and the companies and events at issue are located in Russia, barring a disputed meeting in London at which an agreement may or may not have been reached. But the original decision to allow the case to proceed in Britain was made on the basis that Cherney's life and freedom could be at risk in Russia and he might not get a fair trial there. The ruling, effectively implying that the Russian court system could not be trusted, has done little to help thaw glacial diplomatic relations between Moscow...
...Refusing to even discuss East Jerusalem's status raises the ante, providing further reason for skepticism among Arabs that Netanyahu is serious about a two-state solution. The Obama Administration has warned Israel not to proceed with a residential project in the Sheikh Jarrah neighborhood in East Jerusalem, noting that the U.S. views such construction in the same light as settlement expansion. But while the Netanyahu government may be willing to dismantle some of the settlement outposts built without permission in the West Bank (they're usually rebuilt by settlers within days), the Prime Minister made clear on Sunday that...
...Switzerland that if a deal is not reached in the UBS case, it will "vigorously pursue" the matter and may even seize the bank's American assets. But such an aggressive response "might destabilize UBS and have a major impact on the American economy, so the U.S. government should proceed at its own risk and peril," says the Swiss-American Chamber of Commerce's Naville, who points out that both countries have "a lot at stake" in each other's economies. Switzerland is the U.S.'s 15th largest export market and, with almost $149 billion spent in 2008, its fourth...
...defense. Deputy Defense Secretary William Lynn told Congress last month that the Pentagon is looking at Russian radar systems to help monitor Iranian missile tests. A U.S.-Russian partnership, he added, would signal to members of Iran's government "that they will face a concerted international front should they proceed down that path...
Should more steps be taken to stop the foreclosures? Or would it be better for the foreclosures to proceed? One of the things that can be done to make the housing market more stable is if something is done to limit the foreclosures. There's been a lot of rhetoric about helping mortgage holders who cannot maintain their monthly payments on the mortgage, but very little, in fact, has been done to help them. If they've really got a program now that will work, that will help to stabilize the housing industry, and that will improve chances...