Word: serbians
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Leitner wowed the crowd by presenting his overall portfolio approach, which although systematic and rigorous rules out nothing. He has been known to take positions in Turkish glassmaking stocks, Serbian construction stocks and inflation-index-linked housing bonds in Iceland. Today he says he has no dominant positions and cites certain themes such as insurance providers in emerging markets and food. In the latter, he likes beneficiaries of cheap agriculture and protein, noting opportunities in Argentina GDP warrants, Brazil broadly and fertilizer companies in Taiwan. In equities he likes Serbia, Macedonia, Malaysia and the GCC (Gulf Cooperation Council) countries...
...dithering can't go on forever. Kosovo Albanians, who make up more than 90% of the province's population, were calling for independence even before NATO planes forced Serbian security forces out of the province in 1999. U.N. administrators and an estimated 16,000 peacekeepers in Kosovo fear a repeat of the violent riots of March 2004 aimed at minority Serbs and Roma. Kosovar Prime Minister Agim Ceku has warned that the region may declare independence unilaterally if the deadlock persists. "I don't expect any major unrest this summer", says Agron Bajrami, editor of Koha Ditore, a Pristina daily...
...peacekeepers in the province fear a repeat of deadly riots in March 2004 that targeted foreigners (as well as minority Serbs and their monuments) if full independence is put off too long. For now the U.S. is telling Kosovo Albanians that their time will come. They are urging Serbian leaders to give up their opposition to the plan in exchange for accelerating membership talks to enter the European Union (Serbia wants to grant the province autonomy but not full independence.) European diplomats have raised the possibility of renewing "proximity" talks, starting in September, between Kosovo Albanian and Serbian leaders from...
...everyone is convinced that the Serbian government will deliver on all its promises. In the past, Prime Minister Vojislav Kostunica has repeatedly denigrated the court as biased against Serbs. Natasa Kandic, a prominent human rights campaigner and director of the Humanitarian Law Center, a group that lobbies for the prosecution of war criminals, told TIME: "For the past seven years, Kostunica has repeatedly shown nothing but disdain for the Tribunal, and now he has suddenly changed his tune and made some promises. Frankly, I am confused, and based on Kostunica's record, I'm not sure [del Ponte's] optimism...
...Still, the summer is likely to see the endgame in the pursuit of war criminals in the Balkans, including, almost certainly, more high-profile arrests. The European Union and Washington have other business in the region: they want to see Kosovo, still a Serbian province, granted its independence, and one way to overcome Serbian opposition to that plan is to promise the country closer ties with Western institutions such as the E.U. and NATO, all of which will be easier if Serbia clears the decks by handing over most of its remaining indicted war criminals - a deal that the government...