Before Merrill, he presided over an overhaul of the New York Stock Exchange, pushing it to embrace electronic trading and discard its clubby old membership system in favor of public ownership.

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Trade unionists worry that the reforms will reduce union membership, undermining the consensual system of labour relations.

ECONOMIST: A bit more unequal, a lot more efficient

Sanctions could include cutting funds, extending the monitoring of the judicial system or blocking membership of the Schengen passport-free zone.

ECONOMIST: Romania in trouble

It has already staged votes to approve plans for new assemblies in Scotland, Wales and Northern Ireland, and further polls on reform of the electoral system and on membership of the single European currency are likely.

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The UK Space Agency, through its membership of Esa, is now arguing strongly for the Astrium autonomous navigation system to be incorporated into the 2018 rover.

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Brennan, the president's top counterterrorism advisor, a much broader analysis will be needed -- one that covers the entire homeland security system, is independent of the executive branch, and is bipartisan in the composition of its membership.

CNN: Blame game won't stop terrorism

Participation in the new regulatory system would be voluntary for British newspapers, his report said, though there would be incentives for membership in the form of reduced legal costs in privacy and defamation cases.

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It had a revenue stream outside of adverting (with pro membership available for a small annual fee), it had clients on every mobile and desk-bound operating system out there, it was hosting pictures for countless blogs.

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Add revenue from membership fees and advertising, then subtract the cost of setting up charging stations and operating expenses, and such a system could break even in the first year.

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