Word: mechanismic
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By simply stopping its operation without a formal truce, Israel can claim to have re-established its "deterrent" on future rocket fire without "recognizing" Hamas' authority in Gaza. This option would allow Israel to avoid accepting any new restraints on its actions in Gaza. It would also bypass the need...
The terms of a new truce will need to include: no rocket fire on Israeli civilians, no offensive Israeli operations, an international mechanism for enforcing a ban on smuggling offensive weapons, Palestinian Authority (PA) involvement in the control of open passages, and large-scale humanitarian and reconstruction assistance funneled through...
Karsten is also trying to limit disruptions to local residents. He requires his guides to stop their bikes near a restaurant or hotel every 20 minutes so passengers can relieve themselves indoors. "I hate when they pee on the street," he says. "It looks unprofessional." And, aware that drunken tourists...
Neither side is likely to have all its demands met by a cease-fire. The amount of compromise each side will have to swallow will be determined by the impact, in Gaza and beyond, of the ongoing clash of bombs, bullets, rockets and images. After that will come the battle...
Far from being helpful, the Treasury worsened the situation by increasing the liquidity of the financial sector through its bailout. However, the greatly enhanced lending capacity of depository institutions has not yet reached the money supply, as evidenced by the tremendous level of excess reserves. When it does, the Fed...