rmer Prime Minister Nicephore SOGLO as
president, marking the first successful transfer of power in Africa
from a dictatorship to a democracy. KEREKOU was returned to power by
elections held in 1996 and 2001, though some irregularities were
alleged.

Bermuda
Bermuda was first settled in 1609 by shipwrecked English
colonists headed for Virginia. Tourism to the island to escape North
American winters first developed in Victorian times. Tourism
continues to be important to the island's economy, although
international business has overtaken it in recent years. Bermuda has
developed into a highly successful offshore financial center. A
referendum on independence was soundly defeated in 1995.

Bhutan
In 1865, Britain and Bhutan signed the Treaty of Sinchulu,
under which Bhutan would receive an annual subsidy in exchange for
ceding some border land. Under British influence, a monarchy was set
up in 1907; three years later, a treaty was signed whereby the
British agreed not to interfere in Bhutanese internal affairs and
Bhutan allowed Britain to direct its foreign affairs. This role was
assumed by independent India after 1947. Two years later, a formal
Indo-Bhutanese accord returned the areas of Bhutan annexed by the
British, formalized the annual subsidies the country received, and
defined India's responsibilities in defense and foreign relations. A
refugee issue of some 100,000 Bhutanese in Nepal remains unresolved;
90% of the refugees are housed in seven United Nations Office of the
High Commissioner for Refugees (UNHCR) camps.

Bolivia
Bolivia, named after independence fighter Simon BOLIVAR,
broke away from Spanish rule in 1825; much of its subsequent history
has consisted of a series of nearly 200 coups and counter-coups.
Comparatively democratic civilian rule was established in 1982, but
leaders have faced difficult problems of deep-seated poverty, social
unrest, and illegal drug production. Current goals include
attracting foreign investment, strengthening the educational system,
resolving disputes with coca growers over Bolivia's counterdrug
efforts, and waging an anticorruption campaign.

Bosnia and Herzegovina
Bosnia and Herzegovina's declaration of
sovereignty in October 1991, was followed by a declaration of
independence from the former Yugoslavia on 3 March 1992 after a
referendum boycotted by ethnic Serbs. The Bosnian Serbs - support