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...Senators who are huge supporters of Kurdish development - John McCain and Joe Lieberman - have sent a letter to Kurdish leaders saying they expect the elections to set a "gold standard" for the Middle East. Indeed, the two dominant political parties are now being challenged by the reformist Change List and various coalitions of religious, leftist and independent parties, which are taking advantage of popular frustration at the level of corruption and heavy-handed governance in the region. (Read about how Kurds vs. Arabs could be the next Iraqi civil...
...Democratic Republic of Congo (DRC). (Global Witness is the same nongovernmental organization that helped expose the violence that plagues many of the sources of diamonds.) However, the accused companies, with varying degrees of hostility, deny any culpability, saying Global Witness oversimplifies a complex economic process in a chaotic geopolitial setting. (See pictures of diamonds set on onyx and black enamel...
...recession hits Russia's wealthy, the shiny boutiques along Sloane Street may be a little quieter. But the bonanza at London's courts and law firms looks set to continue...
...said in a snarl of disgust, "is they have no word for entrepreneur." That quote is probably apocryphal - which is a rather good thing for W. on more than just the linguistic score. French government officials this week reported that the number of new private businesses launched in June set an all-time record. By the end of 2009, they estimate, France will be about half a million new firms better off. In 2008, just 328,000 new firms were created...
...government scheme introduced in January to facilitate the formidable process of founding a small business in France. The scheme cuts through the jungle of administrative red tape usually required to launch a company and dramatically lightens the heavy taxes and social charges other companies pay. While regular outfits face set charges whether business is booming or bust, auto-entrepreneurs are taxed only on revenue made. (See a TIME video on doing business in France...