Word: steps
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...Officials from Bashir's government called the Hague-based court's decision a step in the right direction, while south Sudanese leaders said it was acceptable. "We want peace, [and] we think this decision is going to consolidate the peace," said Riek Machar, a leader of the Sudan People's Liberation Movement, which fought against the north in the 22-year civil war that killed 1.5 million people. "We came to see justice, and it's a decision we will respect...
...well and good, but few people are getting their hopes up that the Abyei deal is anything more than a tiny step. The north and south still disagree on a host of other issues. South Sudanese are losing faith in their own leaders, who are seen as corrupt. And looming in the background are nationwide elections in 2010 and then a 2011 referendum - to be held concurrently with the Abyei vote - in which south Sudanese will decide whether to remain a part of Sudan or become a separate country...
...whims of Washington's economic management. One of the reasons Beijing has been urging a gradual reduction in dollar dependence is the massive losses China could suffer if the value of the greenback was to erode as a result of U.S. deficit spending. (Read "China Takes a Small Step Away from the Dollar...
...China is still far from ready to undertake the dramatic reforms necessary to allow the yuan to be a true international player. Making the yuan a freely traded currency would mean losing control over its value and flows of capital in and out of the country. This is a step Beijing's economic policymakers remain fearful of taking, since they still feel the need to protect China's developing domestic financial sector from shifts in the global economy. China sees its controlled currency as a "dam surrounding a reservoir, and the government doesn't know what would happen...
...conference on climate change in Gurgaon, near New Delhi, on July 19. "And as if this pressure was not enough, we also face the threat of carbon tariffs on our exports to countries such as yours." Clinton defused the situation by asserting that the U.S. would not take any step to limit India's economic growth. (See pictures of Hillary Clinton meeting Michelle Obama...