Word: arabism
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Dates: during 1970-1979
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...warring parties-the Palestinians, the Arab Moslems and Christians, the Syrians-remain too strong and see the stakes too high to end the struggle soon. Top diplomats expect no significant changes in the Middle East in the near future. Progress is stalled not because of the U.S. elections (for once) but because of the turmoil in the Arab world over Lebanon. Before the civil war, there seemed a chance, however slight, that Henry Kissinger could follow up last September's successful Sinai interim agreement between Israel and Egypt with a peace-seeking shuttle between Israel and Syria. But when...
...Finally, Syria's victory in Lebanon could make Assad more moderate, yet strong enough among his Arab critics to agree to a settlement with Israel...
...this year more than 370,000 Arab visitors will have passed through London, an increase of 77% over 1975. By conservative estimate, they will spend some $500 million in London's stores, restaurants, clubs and real estate agencies. Often paying in cash, Arab buyers have practically cornered the market in high-priced British real estate, swooping up castles, country manors and great town houses in one Arab grand salaam...
...performance of a gymnast been judged perfect. But within five days last week Comaneci earned the 10.00 mark seven times. Yet never before have the Olympics seemed less perfect. Plagued first by the bitter international dispute over the participation of Taiwan, then beset by the withdrawal of African and Arab countries, the Montreal Olympics have seen what could prove to be irreparable damage (see box) to the notion that nations that play together stay together...
...bitter experience came with the recession. Sales of synthetic textile fibers, which account for more than a third of Du Pont's volume, soared well into the recession year of 1974, spurred by a shortage mentality created by the Arab oil embargo. A Du Pont joke at the time was that if this is what recessions are like, bring on more. But then the buying stopped, and Du Pont and other manufacturers realized that they had built heavy overcapacity and were vulnerable to sharp price cutting. Result: Du Pont's earnings fell 33% in 1975. This problem...