Word: parliament
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...voters will quibble with Alistair Darling's call Wednesday, March 24, for a global tax on banks to help recover the billions in public funds doled out during the crisis. "We intend to get all taxpayers' money back," the Chancellor of the Exchequer said during his budget speech to Parliament, his last before a general election expected in May. Charging banks to help do that, Darling added, was an issue on which "more countries agree...
Once seen as an American puppet, Iyad Allawi is the new Comeback Kid of Iraqi politics. The results of the general election announced Friday, March 26, show that Allawi's secular Iraqiya block has won 91 seats in the 325-seat Iraqi parliament - well short of a majority, but two more than its nearest rival, Prime Minister Nouri al-Maliki's State of Law slate...
...eternity in politics, as French President Nicolas Sarkozy discovered on March 21 when his conservative party was trounced in regional elections. The loss was a stunning reversal of the 2007 polls that propelled Sarkozy to the Elysée and gave conservatives large majorities in both houses of parliament. Sarkozy now has two years before the next presidential election to halt a resurgent left and win back disgruntled supporters...
...collapse of Netanyahu's government. Perhaps, but what that argument ignores is that, if he wants to make concessions for peace, Netanyahu has a willing coalition partner available in the form of the centrist Kadima Party, whose 28 seats make it the largest party in the 120-seat parliament. Together with the 27 held by his own Likud Party and the 13 held by Labor (which is already in his coalition), Netanyahu could easily muster a governing coalition committed to implementing a two-state peace - if he could persuade his own party to do so and, more importantly...
...true card shark, Merkel seems prepared to call Papandreou's bluff. The Greek leader had counted on the E.U. to collectively recoil in horror at the idea of his country's going to the IMF, but Merkel is effectively daring him to do it. Speaking to the German Parliament in Berlin last week, Merkel said that calling in the IMF "would probably have to be the way out right now if action were to be taken." She went on to say that the euro-zone countries should be able to kick out one of their own to avert a crisis...