Word: lid
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Dates: during 1990-1999
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Four days after the Beit Lid bombing, Islamic Jihad leader Fathi Shkaki spoke with Time correspondent Lara Marlowe in Damascus, giving a chilling picture of how he says the attack was planned. Though he disclaimed direct responsibility, he was obviously pleased, grinning and laughing throughout the interview. Born in the Gaza Strip, Shkaki, 44, joined the Muslim Brotherhood, a conservative Islamist group, while studying medicine in Egypt in the '70s. He returned to the Gaza Strip in 1981 and founded Islamic Jihad. Shkaki's movement set itself apart from other groups with similar names by staging suicide attacks in Israel...
TIME: What was your reaction to the Beit Lid bombing? SHKAKI: This was the biggest military attack ever inside Palestine [outside the Arab-Israeli wars]. TIME: It seems to give you satisfaction? SHKAKI: It gives satisfaction to our people...
...rates high enough to attract new investors without sending them so high that they force Mexico into a recession. Commercial lending rates have already almost doubled since the devaluation, to hover around 40%. Credit-card rates are more than 50%. Yet another problem will be how to keep a lid on inflation, which the devaluation is sure to fuel. Perhaps the biggest will be to restore confidence in the fledgling presidency of Ernesto Zedillo...
...idea behind Reg. Q was that bankers were a disadvantaged group who needed welfare benefits. By putting a lid on the interest rates paid to small savers, the government could foolproof the banking system. Bankers could lend the cheap money out at higher rates and make a nice living without trying too hard, which is how they became such good golfers...
...balance of various interests. But in China that mechanism doesn't exist. And the state is confused about its role." The result is a building of tensions. "The government has a choice," says Robin Munro, the Hong Kong director of Human Rights Watch/Asia. "It can try to keep the lid on by arresting more dissidents and wait for it to blow. Or it can take a brave step and offer workers a controlled way to issue their demands...