Word: bankes
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Dates: during 2000-2009
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...dollar finally used up the last of its nine lives? There are worrying signs that the world is losing its appetite for dollars. The International Monetary Fund announced on Nov. 2 it was selling 200 metric tons of gold to India's central bank for $6.7 billion. News of the purchase sent gold prices to an all-time high. The move was widely seen as part of an effort by central banks around the world to diversify their extensive U.S. dollar holdings. Steven Englander, chief U.S. currency strategist at Barclays Capital in New York City, figures that in the second...
...prime audience for Abbas' statement, of course, was not the PLO leadership but the Obama Administration. According to Palestinian sources who attended the meeting, Abbas told his PLO comrades that the U.S. had "cheated" him by retreating from its insistence that Israel end settlement construction in the West Bank and East Jerusalem. "We welcomed it, and were optimistic when President Obama announced the need for a complete halt to settlements, including natural growth," Abbas said. "We were surprised by his support for the Israeli position." (The U.S. has backed Israel's argument that negotiations should resume despite the disagreement over...
...Israel, the Palestinian leadership believes there's nothing to be gained from talking to the hawkish Netanyahu government. From the perspective of Fatah, the almost two decades spent relying on U.S.-led diplomacy to deliver Palestinian national goals has delivered precious little. As Israel's encroachment in the West Bank and East Jerusalem has continued apace, Fatah's inability to reverse that situation via negotiations has played a major role in its eclipse by the more radical Hamas movement...
...stabbing and wounding an Arab man he believed had made a pass at him and bombing the homes of a left-wing professor and a family that belonged to a messianic Jewish sect; the professor and a 15-year-old boy were wounded in the two attacks. A West Bank settler born in Florida, Teitel reportedly kept bombmaking matériel and automatic weapons at his home. The attorney for the father of four says his client is mentally unstable...
...ploy, of course. The Palestinians were tangled up in themselves, yet again. They had elections looming, and their leader, Mahmoud Abbas, had to hang tough: he was demanding a total freeze to Israeli settlement-building on the West Bank - which was precisely what the Obama Administration had previously said it favored. Netanyahu was offering a partial freeze, not including new settlements in East Jerusalem, the desired capital of a future Palestinian state. This was a nonstarter for the Palestinians, but it had the holographic glow of a step forward. It was an "unprecedented" offer, Netanyahu trumpeted, with...