Word: guarantors
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While Mendelsohn accused Netanyahu of waffling, Wisse criticized the prime minister for granting the U.S. the role of "guarantor" in its negotiations with the Palestinian Authority...
Unwilling to risk the domestic political fallout from putting the squeeze on Israel, the White House has washed its hands of the failed Mideast peace process. With the erstwhile guarantor of the Oslo process now telling Israelis and Palestinians to resolve their own problems, the big winner may be the Islamic militants of Hamas. "Arafat's strategy relied on the Americans' pressuring Israel to make concessions," says TIME West Bank correspondent Jamil Hamad. "Their failure to do this leaves Arafat's ability to lead the Palestinians badly weakened...
...felt even more naive and helpless when they told me that we would need a parental guarantor for our apartment because landlords do not like shares. Although I thought I was truly independent, making a decent salary, the broker wanted me to run back to mommy and daddy for help. Initially I took the brokers' words at face value. I called my father immediately, thinking he'd be happy to sign a piece of paper making him ultimately responsible for our rent. But he was not so willing, advising me to be more firm with the broker...
...have given support to attacks on Shevardnadze," says Meier. Part of the reason might be that Western oil companies plan to route an Azerbaijan-Turkey oil pipeline through Georgia rather than Russia. "Russian interests would like to have some control over the pipeline, and Shevardnadze is regarded as a guarantor of Western interests in the region...
...confidential memo obtained by TIME. Barbour nevertheless lined up Hong Kong collateral for a $2.2 million loan to the Forum. The money helped free up funds for the successful Republican assault on Congress in 1994, and it aided the party again two years later when the Hong Kong guarantor absorbed $500,000 of the unpaid balance. Senate investigators are now trying to determine whether the Forum was used to launder foreign campaign funds. The controversy was foreshadowed in the memo by Baroody, who explained he was resigning partly over Barbour's "fascination" with foreign sources of funding. Baroody wrote that...