Time (October 26)
“The approval of Heathrow’s extension risks being not a symbol of Britain’s openness to global investment, but a reminder that the country is frequently hamstrung by turgid, centralized bureaucracy, deficient planning laws that act as a brake on growth, and a thornily complicated legal system that can bind up investors in court for decades.” Though the British Government approved expansion of Heathrow Airport, this is just the beginning of the process, which still requires a vote of Parliament next year and subsequent approvals from various governmental bodies. The earliest construction start for the new runway is 2021, with most experts agreeing 2030 is realistic for completion. Some, however, “think it may never be built, that the roadblocks in its way are insurmountable.”
Tags: Approval, Bureaucracy, Extension, Growth, Hamstrung, Heathrow, Investment, Openness, Parliament, Planning laws, UK
Washington Post (October 2)
In his negotiations on a nuclear agreement with Iran, “President Obama should resist the temptation to make further concessions in order to complete a long-term deal by November. In the absence of a dramatic change in its positions, Iran should be offered, at best, an extension of the existing arrangement, with the current sanctions left in place — and threatened with tougher measures if it does not accept.”
Tags: Concessions, Extension, Iran, Negotiations, Nuclear agreement, President Obama, Sanctions, Temptation
