Word: regionalized
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...people in Kaliningrad have a lot to be angry about. A hike in import duties has crushed one of the region's most vital industries: imports of used cars from Europe that are then sold in Russia. The end of that trade has put as many as 20,000 locals out of work. The price of utilities has jumped. On top of that, the unpopular governor, a Kremlin-appointed former tax minister from Moscow named Georgy Boos, levied a new tax on drivers. During the worst bout of unemployment and economic decline in a decade, reports of Boos' lavish vacations...
...zone countries in Asia - providing a pricing hedge when the euro is too high. Multinationals with affiliates in the dollar zone have benefited from the weaker dollar over the past few years. German electronics giant Siemens, for example, generated nearly 45% of its revenue in 2009 in the dollar region. "The bigger the company is, the less traditional export activity it tends to do and the less exposed it is to currency fluctuations," says Siemens spokesman Wolfram Trost. "But when applied to an entire export-driven country like Germany, a drop in the value of the euro becomes a very...
...semblance of sectarian diversity. Even the most homogeneous of the big blocs pretend to be more diverse than they really are. For example, the Shi'ite Islamist bloc, the Iraqi National Alliance, which critics suspect would like to spin off oil-rich Shi'ite southern Iraq into an autonomous region, includes one Sunni party from Anbar province. When asked, many average Iraqis say sectarian violence was something forced on them by outsiders, a bad dream from which they've now awoken. (See pictures of Iraq's revival...
...factor determining whether sectarian warfare of one form or another will revive in Iraq is the attitude of the country's neighbors as U.S. soldiers depart. Since the fall of Saddam Hussein, Iraq has become a major battleground in the regional power struggle between Iran and Syria on the one hand and the U.S. and its Arab allies such as Saudi Arabia on the other. Right now, engagement remains the order of the day as the White House attempts to restart regional peace talks and holds open the possibility of a diplomatic solution to Iran's nuclear program. But should...
...bombings never went off as planned. The cell members had been under surveillance for months after German police received a tip-off from U.S. intelligence services. Then, just before they were to strike, police raided the men's hideout in the central region of Sauerland and found dozens of detonators and 700 liters of concentrated hydrogen peroxide, a chemical used in hair bleach, which, when mixed with other chemicals, can be used to make explosives. Investigators said the men had enough explosive materials to build bombs equivalent to 880 pounds of dynamite - more powerful than the bombs used...