2.
British settlement of the islands began in 1647; the islands became
a colony in 1783. Since attaining independence from the UK in 1973,
The Bahamas have prospered through tourism and international banking
and investment management. Because of its geography, the country is
a major transshipment point for illegal drugs, particularly
shipments to the US, and its territory is used for smuggling illegal
migrants into the US.

Bahrain
Bahrain's small size and central location among Persian Gulf
countries require it to play a delicate balancing act in foreign
affairs among its larger neighbors. Facing declining oil reserves,
Bahrain has turned to petroleum processing and refining and has
transformed itself into an international banking center. The new
amir, installed in 1999, has pushed economic and political reforms
and has worked to improve relations with the Shi'a community. In
February 2001, Bahraini voters approved a referendum on the National
Action Charter - the centerpiece of the amir's political
liberalization program. In February 2002, Amir HAMAD bin Isa Al
Khalifa proclaimed himself king. In October 2002, Bahrainis elected
members of the lower house of Bahrain's reconstituted bicameral
legislature, the National Assembly.

Baker Island
The US took possession of the island in 1857, and its
guano deposits were mined by US and British companies during the
second half of the 19th century. In 1935, a short-lived attempt at
colonization was begun on this island - as well as on nearby Howland
Island - but was disrupted by World War II and thereafter abandoned.
Presently the island is a National Wildlife Refuge run by the US
Department of the Interior; a day beacon is situated near the middle
of the west coast.

Bangladesh
Bangladesh came into existence in 1971 when Bengali East
Pakistan seceded from its union with West Pakistan. About a third of
this extremely poor country floods annually during the monsoon rainy
season, hampering economic development.

Barbados
The island was uninhabited when first settled by the
British in 1627. Slaves worked the sugar plantations established on
the island until 1834 when slavery was abolished. The economy
remained heavily dependent on sugar, rum, and molasses production
through most of the 20th century. The gradual introduction of social
and political reforms in the 1940s and 1950s led to complete