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Word: vetoes (lookup in dictionary) (lookup stats)
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...arguably need the money more - so you can see Schreyer's point. But last week Britain refused to budge, calling the rebate "unnegotiable." The dissent has teeth: Britain has the power to veto any proposed changes to the structure of E.U. funding. "I suspect the U.K. will be able to retain the rebate," says Robert Prior-Wandesforde, a European economist at HSBC. Last week the European Commission also celebrated a court ruling confirming that members must abide by the stability and growth pact, which mandates that euro-zone countries keep deficits under 3% of GDP. Germany and France - the euro...

Author: /time Magazine | Title: Biz Watch | 7/18/2004 | See Source »

...Marseilles, who has filed a stream of suits against the local mayor and city council in an effort to stop them spending money inappropriately. One of his recent victories was against the mayor for taking out ads in the local paper last year that urged President Jacques Chirac to veto a U.N. resolution on war with Iraq. "That's not the job of a mayor," Levy says. "In the future, they'll have to be more careful." Back in Bonn, Helga Moser doesn't take part in any taxpayers' groups or file suits against local authorities - but that doesn...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

...Kurds and settlement of Arabs in the city. And they want control over substantial oil revenues generated in their bailiwick. Those demands are rejected not only by the Arab and Turkomen minorities living in Kirkuk and Mosul, but also by the Shi'ite religious leadership which opposes minority vetoes and the dismembering of Iraq. The interim constitution brokered by the U.S. allows them to maintain their de facto autonomy and grants them a veto over any future Iraqi constitution not to their liking, but Shi'ite leader Grand Ayatollah Ali Sistani has warned that the interim constitution will be abandoned...

Author: /time Magazine | Title: The Players in Iraq's New Sovereignty | 6/28/2004 | See Source »

...that only an elected Iraqi body can decide the country's future. He won a showdown with the U.S. over the question of elections, which are now scheduled for January. But he's concerned that the U.S.-brokered constitution dilutes the power of the Shi'ite majority by granting veto power to minorities, and has vowed to tear up that constitution after the elections...

Author: /time Magazine | Title: The Players in Iraq's New Sovereignty | 6/28/2004 | See Source »

...example, the radical cleric Moqtada Sadr has made clear that he will use his street support to challenge any effort to curb or limit his influence at the ballot box. And up in the north, the Kurds are threatening to boycott the poll unless they're guaranteed the minority veto over a new constitution as promised by Bremer - a guarantee Allawi can't give without alienating the most important Shi'ite leaders. Given the security situation, and also the fact that many of the key leaders of the new government have little reason to expect that they'd be returned...

Author: /time Magazine | Title: The Players in Iraq's New Sovereignty | 6/28/2004 | See Source »

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