Word: bankes
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Dates: during 1970-1979
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...first objective of the Foreign Ministers' meeting in Jerusalem this week will be to find a formula for the West Bank and Gaza Strip that both Israel and Egypt can accept, and one, moreover, that would tempt Jordan's King Hussein into joining the negotiations. Sadat's proposals, which he discussed with President Carter at Aswan two weeks ago, still envision self-determination (though not specifically statehood); in the declaration of principles, the Egyptians are ready to accept a phrase such as "a solution of the Palestinian problem in all its aspects." Cairo is also prepared...
...meantime, the Shah of Iran visited Sadat in an effort to find a way to invite King Hussein's participation. The Shah also favors the creation of an autonomous West Bank-Gaza region under Jordanian sovereignty. He then flew to Riyadh for talks with Saudi Arabian leaders. The Saudis share the Shah's desire for a settlement, though they have a longstanding suspicion of the Iranians and are privately uneasy about the possibility of an Iranian-Israeli-Egyptian axis emerging after an eventual peace settlement...
...funeral quickly dissolved into a political event. A crowd swelling to 40,000 followed the coffin from the hospital mortuary to Chamorro's home and then to La Prensa's office. The angry marchers moved on to burn a Somoza-owned textile mill and a commercial blood bank that Chamorro had exposed for selling Nicaraguan blood abroad at a lucrative profit. Some stoned a police station; the cops responded by lobbing tear gas into La Prensa's building. The crowds shouted "Death to Somoza!" and "Down with Yankee imperialism!" Among a score of buildings set afire...
...according to veteran observers in Manila, was invoked to win a major share of the government's nuclear plant construction contract for Disini's client, Pittsburgh's Westinghouse Electric Corp. Allegations about the suspicious nature of Disini's services recently prompted the U.S. Export-Import Bank, which is providing much of the financing for the project, to ask the Justice Department to determine whether Westinghouse made improper payments to a foreign business agent. Troubled by an embarrassing international scandal, President Marcos last week told TIME Correspondent Richard Bernstein: "Westinghouse has some things to explain...
...Many Wall Streeters believe the market is now oversold and some rebound in stock prices can be expected. But if the market is to recover over the long run, the Administration must find a way to restore investor confidence. Warns Mark Collins, vice president of the investment bank of Kidder, Peabody: "The stock market is saying there is no policy in this Government...