Word: tradings
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...Blair in 2007, Britain's BP inked a $900 million oil-and-gas-exploration deal. More recently, in July, Prime Minister Gordon Brown met Gaddafi during the G-8 summit in Italy. And a week before al-Megrahi's release, John McCain led a group of fellow Senators in trade talks with Gaddafi, tweeting on Aug. 15, "Late evening with Col. Qadhafi at his 'ranch' in Libya--interesting meeting with an interesting...
...great recession hasn't been great for free trade. As unemployment has risen throughout the world, governments have become more focused on protecting their own industries than on promoting international commerce. The U.S., typically an enthusiastic supporter of open markets, included "buy American" clauses in its stimulus package and propped up its flailing auto industry with handouts. Although a meeting of ministers in New Delhi in early September promised to restart long-stalled World Trade Organization negotiations aimed at reaching a global consensus on freer trade, wide differences remain between developed and developing nations that make a final deal difficult...
...streetwise cunning in trying to cheat the author. The book’s political analysis is as incisive as the best political journalism, and Naipaul presents the causes of Africa’s problems with rare balance and simplicity; “At the height of the slave trade, African rulers seemed literally to have gone mad. To get hold of the guns and tobacco and brandy they craved, some chiefs betrayed and enslaved their own people. The desire to possess had spiraled out of control. Their successors behave no differently. Slavery, of course, is now illegal. But are there...
...Kars, which lies on the border, there is little of the bitter nationalism that racks the capital. Locals recall a once lively trade in livestock from Armenia and textiles from Turkey. Work on renovating the cross-border rail lines is due to begin soon. Restoration of Armenian monuments at the ancient site of Ani is underway. "Once trade, human interaction and dialogue begin, finding common ground on more complicated issues will become easier," says Aybars Gorgulu of the Istanbul think tank TESEV. It will take time for Turkey and Armenia to overcome decades of mutual distrust. But the announcement...
After Obama's Inauguration, things got worse. Officials in the new Administration made no secret of their contempt for Karzai, whom they viewed as spineless and inefficient, too tolerant of drug smugglers. Allegations that some members of his family were in the drug trade didn't help. Secretary of State Hillary Clinton has described Karzai's administration as a "narco-state." And last week, another meeting with a visiting American - special envoy Richard Holbrooke - descended into angry words...