Word: westernness
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...Failing State The most immediate casualty of the political shenanigans in Islamabad is the global war on terror. According to a report released by the Pentagon on June 27, Taliban militants in Afghanistan have regrouped after their fall from power and "coalesced into a resilient insurgency." That resilience, say Western military officials in Afghanistan, has a lot to do with their ability to find sanctuary in Pakistan's lawless tribal areas along the border. The day before the report's release, U.S. Defense Secretary Robert Gates said in a press briefing that he had "real concern" that Pakistan was contributing...
...tribal areas along the Pakistan-Afghanistan border, the army has refrained from retaliation. "We are awaiting the results of the jirga [the peace meeting between tribal heads and government negotiators]," says Lieut. Colonel Baseer Haider, a military spokesman. "Then we will decide the next course of action." A Western military official compares the government's approach to that of a man seeking to buy a house without deciding ahead of time how much he is willing to spend, for how long he is willing to pay a mortgage and what conditions would not be acceptable. "[The government is] going into...
...Gallery, tel: (855-23) 987 420, overlooking the gardens in front of the Independence Monument. Then take a short walk across Sihanouk Boulevard and down Sothearos Boulevard to Meta House, tel: (855-23) 224 140, the city's popular arts and media center. It features Cambodian, Asian and Western works and has nightly lectures and films. Still within walking distance, sample Khmer cuisine with dinner at Sweet Restaurant & Bar, tel: (855-12) 999 119, which has a relaxed garden setting. If it's still early, try fair-trade coffee and a selection of contemporary art at Café Living Room...
...example, over the past year, the ECB's staff has based each of its inflation projections on an assumption that oil prices will stabilize - and each time they have risen further, to a current level of around $140 per barrel, or double the price of a year ago. Western economies as a whole are far less dependent on oil than during the two big oil shocks of the 1970s, but with food prices also on the rise, the situation remains highly volatile. If inflation continues to soar, expect more central bank tightening and a growing risk of recession...
Nonetheless, sweeping changes inside Russia's oil and gas sectors in recent years have dented Western investors' faith in the country's rule of law. Caught up in a state effort to claw back control of lucrative assets, some were left badly scarred. In 2006 BP rival Royal Dutch Shell was forced to give up control of the Sakhalin-2 oil and gas project off Russia's eastern coast after the country's environmental regulators threatened to shut it down. Gazprom, Russia's state-owned energy company, duly took over the operation...