Word: vetoes
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...National Assembly last year after becoming French Prime Minister, Dominique de Villepin said, "Globalization is not an ideal; it cannot be our destiny." In the last few months, de Villepin has championed a policy of economic patriotism, putting in place a takeover law that gives the government a veto on deals in 11 sectors of the economy deemed to be strategic. They include biotechnology, arms manufacturing and casinos. But de Villepin's boss, President Jacques Chirac, blustered last week that it was "absolutely absurd" to think of France as protectionist, and he has a point. For much of the 1990s...
...going to be any major, one-off revaluation this year. China, said Wen, would allow the yuan to float within a relatively tight band, as it has done since a 2% upward adjustment last year. Too bad, Graham responded before he left Washington. He has, he insisted, a "veto-proof" majority in support of the bill in the Senate...
...Aldermen wanted it.Unfortunately for the Aldermen—and those who elected them—they don’t have the final say. Their civilian review board plan will now be reviewed by a state police commission appointed by the Governor of Missouri. This board is expected to veto the review board, effectively overturning the will of St. Louis voters as expressed through their representatives. And that’s not the weirdest part. The state police commission was created to protect Missouri from the lurking threat of…wait for it…St. Louis unionists. That?...
...principle that Iran must not be allowed to develop nuclear weapons and expressed some frustration with Iran's intransigence, they have both been reluctant to act too forcefully or quickly against Tehran. According to U.S. officials, since last Friday, in a series of meetings in New York among the veto-wielding "permanent five" members of the Security Council-the U.S., Great Britain, France, Russia and China-the Russians have pushed for changes in the French-British draft that are, one U.S. official complains, "designed to gut the proposed statement." In particular, one source says, Russia is opposing setting a short...
...nuclear issue comes under discussion at the UN Security Council, there appears to be mounting discord among the major players over how to deal with Tehran. The U.S., supported by Britain and France, wants to escalate pressure on Iran and set ultimatums; Russia and China - both of whom hold veto power in the Council - want less pressure and more time for a negotiated solution to work. But underlying the diplomatic arm-wrestling are conflicting agendas and interests, chief among those Washington's. And now that the Bush Administration has ratcheted up the rhetoric about Iran in recent days, questions over...