Word: factionalized
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When Reagan appointees gained a majority on the seven-member Federal Reserve board of governors last February, predictions abounded that the central bank would adopt a more stimulative monetary policy in an effort to pump up the economy. After all, the Reaganite faction would be led by Manuel Johnson, the current Fed vice chairman, who is a former Assistant Secretary of the Treasury, certified supply sider and onetime critic of the Reserve Board for being too tightfisted in its fight against inflation. So far, the new lineup seems to have done its job. Since last March the Fed has steadily...
...Paris daily newspaper Le Monde. The paper said that France, via Algeria and Syria, had arranged a "truce" with Lebanon's Abdallah clan, whom France has held responsible for the September wave of bombings. Georges Ibrahim Abdallah, presumed leader of a group called the Lebanese Armed Revolutionary Faction, is serving a four-year term in a French prison for possession of arms, explosives and false documents. According to Le Monde, the terrorist group, based in northern Lebanon, was pressured to hold off on new actions at least until February, when Georges Abdallah is to go on trial for complicity...
...there much enthusiasm for former Chancellor Helmut Schmidt's admonition that Rau "will need your solidarity and self-discipline to win." The delegates' tepid response seemed emblematic of the near-total exclusion of Schmidt's moderate, pragmatic faction from the party leadership since he ) resigned as the Social Democratic vice chairman in 1983. Since then, Schmidt's pro-NATO, anti-Communist views have been eclipsed by party chairman and ex- Chancellor Willy Brandt's policies, which are based on the view that the Soviet Union poses no military threat to Western Europe. If there is a threat...
...Adela Antokaletz, it is said, has preferred to adhere to the original goal of gaining information on the disappeared. Neither side will discuss the other, but it is popularly rumored that Bonafini's hardline attitudes and bickering over money matters are largely to blame for alienating the more moderate faction. It is also becoming more apparent that the larger group of mothers no longer enjoys the same popularity and worship they gained after the ill-fated Falkland Islands War, when the government was doomed and human rights protests became safe--and fashionable...
...proposals. Movement on general Arab-Israeli talks sputtered to a halt in February, when King Hussein's attempts to launch negotiations involving Israel, Jordan and the Palestine Liberation Organization broke down. Peres entered into tentative contacts, relying on emissaries like Moroccan-born Rafael Edri, chairman of the Labor Party faction in the Knesset...