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...inclusion in international organizations. After being rejected since 1997, Taiwan was finally invited this year to be an observer at the World Health Assembly, the governing body of the World Health Organization - the first time it has participated in a U.N.-related forum since Taiwan lost its U.N. seat to China in 1971. China-Taiwan relations "are now on the right track," Ma says...
...member executive board is dominated by Western nations, and doesn't take into account the rise of new powers like Brazil, Russia, India and China - the "BRIC" nations. Under a complex system of voting rights, Italy has greater clout than Russia or India. "Belgium and the Netherlands have one seat each, the same as Brazil, which is totally absurd," says Cornell's Prasad...
...manager of a Dubai real estate brokerage, Imran Mohamed, a Scot of Pakistani descent, had a front-row seat at one of the most incredible property bubbles ever. Early last year, a few months before the height of the emirate's boom, he fought his way through the lines at the opening sale of a new waterfront condominium development. Such launches always attracted crowds of investors eager to get the first shot at a new offering, but the buzz that day was especially intense, remembers Mohamed. (He asks that his real name not be used because his company...
...long time, the normal laws of economics did not seem to apply in Dubai, the most populous of the seven states that comprise the United Arab Emirates. Abu Dhabi, the seat of political power in the UAE, controls most of the country's oil resources. With less oil to tap, Dubai has used low taxes, easy money and cheap Asian labor to transform itself into one of the region's most dynamic economies. The city state developed a kind of signature swagger, expressed most gaudily in the gargantuan real estate projects - an indoor ski slope, man-made islands shaped like...
...seat in Egypt's upper legislative house, the Shura Council, as a member of President Hosni Mubarak's governing National Democratic Party in 2004. He is reportedly also close friends with Mubarak's son, Gamal...