l 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
In 1782, the Al Khalifa family captured Bahrain from the
Persians. In order to secure these holdings, it entered into a
series of treaties with the UK during the 19th century that made
Bahrain a British protectorate. The archipelago attained its
independence in 1971. 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. King HAMAD bin Isa Al Khalifa, after coming to power in
1999, pushed economic and political reforms to improve relations
with the Shia community and Shia political societies participated in
2006 parliamentary and municipal elections. Al Wifaq, the largest
Shia political society, won the largest number of seats in the
elected chamber of the legislature. However, Shia discontent has
resurfaced in recent years with street demonstrations and occasional
low-level violence.
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
Europeans began to set up trading posts in the area of
Bangladesh in the 16th century; eventually the British came to
dominate the region and it became part of British India. In 1947,
West Pakistan and East Bengal (both primarily Muslim) separated from
India (largely Hindu) and jointly became the new country of
Pakistan. East Bengal became East Pakistan in 1955, but the awkward
arrangement of a two-part country with its territorial units
separated by 1,600 km left the Bengalis marginalized and
dissatisfied. East Pakistan seceded from its union with West
Pakistan in 1971 and
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