Word: israelity
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...part because nearly 60% of his business is in Eastern Europe. "That exposure is helping," he says. Aegean Airlines, which may have to move to short-term leases for some of its fleet, is looking outward too. In the past six months, the carrier has added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry--the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships--should also prove immune to the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president of the Union of Greek...
They won't be talking directly to each other, but at least the leaders of Israel and Palestine have a common objective in the "proximity talks" the Obama Administration is launching this week. Unfortunately, that shared goal is not to reach a final agreement on a two-state solution to their conflict - both sides know better than to expect that U.S. special envoy Senator George Mitchell's shuttling between Jerusalem and Ramallah will be able to bridge the chasm between their demands. Instead, the mutual goal in the latest round of talks is to avoid being blamed for their failure...
...tone of its statement is telling: "Despite the lack of conviction in the seriousness of the Israeli side," said Arab League Secretary Amr Moussa, his committee agreed to back the talks "as a last attempt and to facilitate the U.S. role." (See pictures of 60 years of Israel...
...Palestinians. Of course, none of those previous offers had been accepted by the Palestinian leadership; it's hard to see how offering less than the proposals previously rejected by Abbas, as Netanyahu appears set to do, is going to break the deadlock. But Netanyahu will argue that Israel is willing to talk directly and without conditions and to use the Palestinians' refusal to do so as a basis to blame them for the stalemate. (See pictures of heartbreak in the Middle East...
...peace process might require that the protagonists make tough choices, the "proximity" process being initiated by the Obama Administration will, in fact, land the tough choices on the desk in the Oval Office. Four months or more from now, it will probably become clear that the gap between Israel and Palestine is unlikely to be bridged by simply talking. And then the question will be, Is the U.S. willing to force the issue by putting on the table its own views of an acceptable settlement and beginning to press both sides toward accepting it? (See pictures of Obama's trips...