Word: herzog
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Dates: during 1980-1989
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...Sunday, however, President Chaim Herzog asked Peres to form a new government. The elections had left Labor with 44 seats in the Knesset, three more than Likud but still far short of the 61 needed for a parliamentary majority. In the past, Likud has had more success than Labor in patching together a coalition from the small religious and splinter parties that will now control 35 seats in the Knesset. But as Herzog consulted with many of these 13 groups, it became clear that some former Likud supporters were reluctant to commit themselves to a new Shamir government. Among...
...fractured and complex. Though Labor had won the most seats, Likud appeared to be in a slightly better position to piece together a government because the splinter parties that are ideologically closer to Likud fared better. The next step will be for the country's President, Chaim Herzog, to ask either Shamir or Peres to try to forge a coalition. But even Herzog, whose sympathies favor Labor, was delaying his choice until it became clearer which leader had a better chance of succeeding...
...Buenos Aires, which will put hard-lining Argentina in a diplomatically stronger position. The group last week also produced 24 proposals for easing the cost of their debt, ranging from longer periods of repayment to reduced interest rates. One plan, suggested by Mexican Finance Secretary Jesús Silva Herzog, calls for Latin borrowers to pay a level of interest tied to the rates on bank certificates of deposit, currently about 11½%. This would give debtors a break of about 2½%, worth some $7 billion annually, while still allowing the banks to make a slight profit...
...earnings loss, while governments in the developed countries are reluctant to halt economic growth just to please foreign moneymen. Thus, no sudden solution is likely to emerge. Says one IMF official: "It is a negotiating process that will run through most of the 1980s." Mexican Finance Secretary Silva Herzog last week recalled Economist John Maynard Keynes' dictum: "Men will do the rational thing, but only after exploring all other alternatives." Silva Herzog then glumly added that Latin American debtors and U.S. bankers probably have a lot of exploring ahead of them. -By Stephen Koepp. Reported by Gisela Bolte/Washington...
Shawmut is a member of Herzog's class: the pensive man driven to distraction or worse by the messy betrayals of life. What Kind of Day Did You Have? presents a mirror image of this condition. Victor Wulpy, 70, is "a world-class intellectual" who is trying to keep life at arm's length. He has "arranged his ideas in well-nigh final order: none of the weakness, none of the drift that made supposedly educated people contemptible...