Word: punishments
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...potential embarrassment to its new-found ambitions to become a regional power. It also threatens to derail Ankara's long-standing -albeit slow-moving - bid to join the European Union. The E.U. has frozen discussions on eight of the 35 policy chapters towards membership since December 2006 to punish the Turks for not opening their ports and airspace to Cypriot vessels as required. At a summit last week, the E.U. agreed to open just one new chapter - on the environment...
...senior bank executive calls a "crazy" pay restriction like the one Britain passed last week. But the banks are expert at staying just on the right side of the Administration's guidelines for lending, and they have many friends on the Hill who can help defuse a movement to punish the banks. Which is why Obama's weapon of choice for now will be trying to shame the banks into better behavior. Which has the benefit of making political sense, as well...
...Mann and Jones' apparent effort to punish the journal Climate Research, the paper that ignited his indignation is a 2003 study that turned out to be underwritten by the American Petroleum Institute. Eventually half the editorial board of the journal quit in protest. And even if CRU's climate data turns out to have some holes, the group is only one of four major agencies, including NASA, that contribute temperature data to major climate models - and CRU's data largely matches up with the others...
...Washington, both chambers of the U.S. Congress are preparing to pass widely supported bills that would punish corporations anywhere in the world that supply Iran with refined petroleum. One or both of the bills could pass before the end of the year, and they are sufficiently tough to raise concern in the Administration that they could close off all chances for diplomacy. "The problem with congressional measures is you can't turn them on and off as you like," says the senior Administration official. "We've been having ongoing discussions with the Hill," to tailor the bills and slow them...
...move on, even if in imperfect circumstances. One of the latest figures to recognize the ballot is Costa Rican President Oscar Arias, who had overseen talks to try and get Zelaya back into the presidential palace. With those attempts apparently failing, sanctions and isolation of Honduras now will only punish an already poor country, Arias said. "Why do we want to make Honduras into the Burma of Central America? Why do we want a second Hurricane Mitch?" he told...