Word: doves
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...fall rather than pay up. But as last-minute negotiations continue to avert a walkout of the second largest party in his coalition - which would ostensibly force him into a minority government, an alliance with the hawkish Likud party or a new election - Barak is playing the beleaguered dove. His finance minister, Avraham Shohat, insisted Tuesday that the issues Shas is raising have been resolved. "They did not resign over that, but for political motives of another kind: differences over the peace process." Israeli political analysts don't buy that, but the spin may be intended for Madeleine Albright ahead...
...Gaza and the West Bank, including East Jerusalem - and Yasser Arafat is clearly under mounting pressure from his own followers to make no further concessions. As both sides prepare for a new round of umpiring in the U.S., a parliamentary vote casting Barak as a beleaguered dove certainly reminds both Arafat and President Clinton that his room for maneuver, too, is limited by his constituency - even if it's really no more than a storm in a pork barrel (after all, to get Shas back on board Barak simply has to cut a few checks). The more fundamental obstacle...
...students of the Fed see any sign of dissent from the doves. "In the old days," says economist Kevin Flanagan of Morgan Stanley Dean Witter, "there was a debate over who was an influential hawk and who an influential dove." But today, Flanagan notes, any policy disagreements tend to vanish into Greenspan's carefully nurtured consensus. Concurs Fed governor Meyer, who has a reputation as a hawk's hawk on inflation: "Many members will voice some disagreement with the chairman's view in the go-rounds. But many of those will vote with the chairman...
...pretty soggy. Coke, which created more shareholder value in the past decade than most other companies, has so far spent this year giving it back, one reason CEO Douglas Ivester was booted recently. Last fall P&G's archrival Unilever, whose massive arsenal includes Lipton iced tea, Dove soap and Wisk detergent, decided to jettison 1,000 subpar brands...
What happened to Nathan King on his 12th birthday last month could be classified as a parent's worst nightmare--except that few parents could even imagine such a freakish accident. Bursting with exuberance, the Helena, Mont., boy bounced a football off the wall of his room, dove onto his bed to retrieve it and somehow drove a No. 2 pencil through his chest and right into his heart. "I kind of felt it go in," he says, "but it didn't hurt, so I looked down. Then I started yelling, 'Mom! Mom! Mom, I'm gonna...