Word: bankes
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Dates: during 1970-1979
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...debate reflected the emotion unleashed within Israel by the Cabinet's 8-5 decision on Elon Moreh, and especially by its timing. The action was announced only a few days before talks between Egypt and Israel on autonomy for the West Bank and Gaza Strip were scheduled to begin in Alexandria. U.S. Secretary of State Cyrus Vance described the new settlement as a "hindrance to the peace process" and warned that the timing of the decision was "particularly inappropriate...
...Cabinet move came at a time when tensions between Jews and Arabs on the West Bank have been on the rise. In the past two months there have been a number of clashes between Palestinians and the settlers, in which several Arabs have been killed or injured. Israeli troops have been more active in cracking down on the Arabs than on the settlers. Bir Zeit University, one of three Arab institutions of higher learning on the West Bank, has been closed since May. When residents of Nablus staged a general strike to protest Elon Moreh, soldiers forced shopkeepers to reopen...
Many Israelis seem to agree with the West Bank Arabs that the Elon Moreh decision was particularly unfortunate. The independent Tel Aviv daily Ha 'aretz observed that "it is difficult to imagine an act more injurious to Israel than the location, timing and circumstances of the establishment of the Elon Moreh settlement." Members of an organization called Peace Now, which was formed last year to encourage the government to make concessions to Egypt during the peace negotiations, rolled boulders onto a newly built road leading to the settlement...
...into a computer to determine what would happen if, say, a 45-day auto strike occurred this fall. In 1963 Evans joined Professor Lawrence Klein at the Wharton School. But Evans broke with him after half a dozen years and later struck a deal with Chase Manhattan Bank to create Chase Econometrics. Forecasting by econometrics became immensely popular with corporate and Government clients, and today is a $100 million-a-year business...
...each with its own style. Wharton Econometric Forecasting Associates, under the scholarly Klein, is austere and academic. Data Resources, headed by Harvard's Otto Eckstein, is cerebral and expanding. Under Evans, Chase Econometrics has been outspoken and controversial. Even Chase was not immune to his barbs. When the bank was having trouble in 1975, Evans said: "I have no Chase stock, but if I did, I'd sell...