wealth headed by the British
monarch to a republic, was defeated in 1999.
Austria
Once the center of power for the large Austro-Hungarian
Empire, Austria was reduced to a small republic after its defeat in
World War I. Following annexation by Nazi Germany in 1938 and
subsequent occupation by the victorious Allies in 1945, Austria's
status remained unclear for a decade. A State Treaty signed in 1955
ended the occupation, recognized Austria's independence, and forbade
unification with Germany. A constitutional law that same year
declared the country's "perpetual neutrality" as a condition for
Soviet military withdrawal. Following the Soviet Union's collapse in
1991 and Austria's entry into the European Union in 1995, some
Austrian's have called into question this neutrality. A prosperous,
democratic country, Austria entered the European Monetary Union in
1999.
Azerbaijan
Azerbaijan - a nation with a Turkic and majority-Muslim
population - regained its independence after the collapse of the
Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has yet
to resolve its conflict with Armenia over the Azerbaijani
Nagorno-Karabakh enclave (largely Armenian populated). Azerbaijan
has lost 16% of its territory and must support some 800,000 refugees
and internally displaced persons as a result of the conflict.
Corruption is ubiquitous and the promise of widespread wealth from
Azerbaijan's undeveloped petroleum resources remains largely
unfulfilled.
Bahamas, The
Arawak Indians inhabited the islands when Christopher
Columbus first set foot in the New World on San Salvador in 1492.
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 i
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