Word: tradings
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5.On penalties for countries not taking strong enough action: "The U.S. government may withhold non-humanitarian, non-trade related foreign assistance. Countries that receive no such assistance ... [may] not receive funding for government employees' participation in educational and cultural-exchange programs...
...vote in the House of Representatives as soon as next week. Although the bill has the support of the White House and has been watered down considerably to earn centrist and conservative votes, it will still struggle to become law. Opponents argue that cap and trade will ruin the U.S. economy by raising energy prices. But while there are arguments to be made against cap and trade, what's increasingly certain with every new scientific report is that the time for empty talk has expired...
Although such actions, even if successful, would play no direct part in ridding North Korea of its nuclear arsenal, they could play an indirect role. The weapons trade "has been a main source of revenue for the North for quite some time," Morrell said. Choking it off, he said, would reduce funding for Pyongyang's nuclear program as well as halt the proliferation of arms to other countries and terrorists, "where it could pose a threat to us and our allies...
...Belarus could not survive without Russia," says Wilson. "But translating that into political reality has always been really difficult. At the end of the day, Belarus needs trade and resources to survive, both of which come from Russia." So for now, Belarus will have to keep up its balancing act between Russia and Europe - and hope that, soon, Russia goes back to drinking its milk...
What the Iranian President thinks will emerge in its place is far less obvious. The SCO, in particular, has been perceived since its founding in 2001 as a growing foil to U.S. interests in West Asia. Originally formed to develop dialogue on trade and security issues among nations with old histories of enmity, the SCO comprises China, Russia and four Central Asian states hovering within both Beijing and Moscow's spheres of influence - Uzbekistan, Kazakhstan, Tajikistan and Kyrgyzstan. Tehran under Ahmadinejad had long petitioned to be part of this group but has settled for "observer" status alongside India and Pakistan...