GENE RANDALL, CNN ANCHOR: Efforts to keep Northern Ireland's new powersharing government in place are in jeopardy this weekend. The Irish Republican Army says its refusal to disarm poses no threat to the peace process, but Britain says, if the issue is not settled by next Friday, it will reimpose direct rule on Northern Ireland, while stripping it away from the Protestant Catholic coalition in Belfast. Reporter Peter Taggert joins us on the phone now from the Northern Ireland capital with more on the story -- Peter.</s>PETER TAGGERT, CNN CORRESPONDENT: An absolute roller coaster of a day here. The most significant development, obviously, is that IRS statement suggesting that they are interested in decommissioning, but it must be on their terms and not terms of the British or the Unionists. The Unionists have also been meeting, and what they are saying is this: Words are not enough. We want to see product. We want to see arms and explosives handed in within next week.</s>RANDALL: Peter, are people there taking seriously what Britain is saying about stripping away power from the coalition?</s>TAGGERT: Legislation is already in place. It was introduced at the House of Commons in London yesterday. So the ball rolling on that, and the</s>RANDALL: Peter Taggert, in Belfast, Northern Ireland, thanks very much.
Efforts to Keep Northern Ireland's Coalition Government in Place in Jeopardy