Word: withdrawers
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...mandate expires. But it's too early to pop the champagne. The bilateral U.S.-Iraqi security pact is by no means a done deal: it must still be ratified by a fractured parliament. The Cabinet vote had only one nay to 27 ayes, but nine Cabinet members chose to withdraw from the final tally, a foreboding sign of the controversy the agreement will face in the legislature...
...already made significant concessions on the wording of the final draft, which sets firm deadlines for a U.S. military withdrawal from Iraq. According to the current draft, U.S. troops will pull out of Iraqi cities by the end of next June and will fully withdraw from the country by the end of 2011, Iraqi government spokesman Ali al-Dabbagh said at a press conference. The dates "are final," he said, and "not subject to conditions on the ground." Washington has also yielded on the sensitive issue of immunity for U.S. troops. "There will be no immunity for anybody breaking...
...returns and unhappy investors. After nearly doubling in size since 2002, to around 8,000 total funds last year, the industry is on the brink of a brutal contraction as customers - rich investors, university endowments and pensions funds that make up the bulk of hedge funds' clientele - rush to withdraw their investments. Some analysts predict that a quarter of all hedge funds could fold by the end of the year. Stephen Brown, an economist at New York University's Stern School of Business, says the final toll could be much higher. "I'd say 50% of funds will close...
...encouraging development in Somalia is the emergence of Iraq-style Awakening militias made up of moderate Somalis, who have taken on al-Shabaab in street battles in recent weeks. If Ethiopian and African Union troops withdraw as expected in the next few months and Somalis increasingly have to fend for themselves, the chances are that this will grow into a full-scale conflict. Still, an Awakening would also offer Somalia's best hope of keeping its extremists in check. Perhaps only in Somalia could the prospect of more war be a sign of hope...
...state-of-the-nation address last Wednesday, only 12 hours after Obama’s election, Medvedev criticized United States foreign policy and announced Russian plans to place missiles in the Baltic region. We urge Obama to break from the Bush administration’s legacy by withdrawing the proposed American missile shield in Eastern Europe, while maintaining the commitment of the U.S. to defending Eastern Europe in case of conflict with Russia. Russia plans to install Iskander missiles in Kaliningrad, between two NATO member countries, Poland and Lithuania, in order to neutralize a missile system that the U.S. intends...