Word: arabism
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Dates: during 1970-1979
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This year's energy conference is not the first that Time Inc. has sponsored. Four years ago, we convened a similar meeting to discuss the already apparent shortage. Six months after the Arab oil embargo in 1973, we held a second conference, recognizing that in a few short years, the energy crisis had become one of the greatest challenges facing the free world: How do we continue our present course, and grow in the future, as the fuels that power our lives disappear...
...have tagged him "Motor Mouth." Young, 45, had barely been sworn in when he said that Fidel Castro's Cuban mercenaries "bring a certain stability to Angola." That was only a warmup. There were bloopers about sending U.S. troops to Rhodesia, about Britain having almost "invented racism," about Arab attitudes toward Israelis being akin to Ku Klux Klan attitudes toward blacks. Soon the State Department found itself working almost full time to clarify, correct or apologize for Young's remarks...
Outside Israel, there was speculation on what the change in leadership might mean in terms of Middle East peace negotiations. Although Peres has a reputation for being rather hawkish, some Arab observers concluded that the Defense Minister was potentially a stronger leader than Rabin-a plus from their viewpoint. But they also wondered whether Peres-if indeed he manages to form a government-will have a mandate to accept the kind of territorial concessions that may be necessary for peace...
...with scandal and who seemed incapable of handling Israel's endemic inflation. Peres' other problem is the strength of Labor's main political opposition. No fewer than 23 parties are contesting the election. They range from the Communists (who will pick up most of the Israeli Arab protest vote) to a weird fringe group whose main platform plank demands sexual satisfaction for women. Labor's strongest challenger is the Likud (Unity) coalition, which had 40 seats in the last Knesset. Next is the brand new middle-of-the-road Democratic Movement for Change. Polls indicate that...
Monumental Crisis. Since the 1973 Arab oil embargo, economists have warned that the failure of industrialized nations to develop alternative power sources will result in a monumental energy crisis by the mid-1980s, involving widespread industrial shutdowns and a perilously declining growth rate. In Spain, for example, the economy is already suffering from the impact of a $4.5 billion oil import bill last year...