Word: arabism
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Dates: during 1970-1979
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...Peace between Israel and her Arab neighbors...
...hours for a formal dinner while he and Brown held what was later described as a "frank and fervent" discussion. All went smoothly until Israel became the subject: the King reportedly was adamant about the need for guarantees of the return of the West Bank and East Jerusalem to Arab sovereignty, and for a satisfactory resolution of the problem of Jewish settlements in the occupied territories...
Many Israeli Jews are conscientiously aware of the anomalous position of their country's Arab citizens. One of them is Moshe Sharon, who resigned this month as Premier Menachem Begin's adviser on Arab affairs with the warning that Israel "will be making a fateful mistake if it does not act energetically to reduce the level of hostility." Begin's government, fearful that the Islamic revival in Iran might stir up Israel's Arabs, appears to have taken a different approach to the problem. Foreign Minister Moshe Dayan issued an unmistakable warning...
...chances for an outright oil shortage. He warned of the looming squeeze in some of the scariest terms yet used by any Administration official. He told a Senate committee that the six-week-old Iranian oil shutoff could turn out to be "prospectively more serious" than the five-month Arab oil embargo of 1973-74 because it could last much longer...
...panic." Indeed, the Iranian situation is already having a significant adverse effect on oil supplies. Since late December, lost Iranian production has been causing a worldwide petroleum shortfall of approximately 2.5 million bbl. a day. That is almost exactly the same amount that was lost during the 1973 Arab embargo, and oil companies are being forced to dip ever deeper into their inventories to make up for it. Last week Texaco, Shell and British Petroleum announced delivery cutbacks to their worldwide customers because of the supply pinch. In the U.S., current stockpiles amount to a 70-day supply for crude...