Word: mideastern
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Dates: during 1950-1959
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...competitive advantages. One is the aggressive trade policies of their own government. To help foster West German exports, the Federal Republic sponsors an insurance organization called Hermes, which offers exporters a guarantee against default by their customers. Thanks to Hermes (which has so far committed $600 million to underwriting Mideastern deals alone), West German businessmen can often offer credit to customers whom other Western businessmen must pass up as bad risks. Sometimes the Bonn government steps in directly to help. West Germany is about to give the Greek government $150 million in loans and credits, in a deal which commits...
...spare parts. At the same time, many Arabs think of the Nazis as the first and most successful anti-Israelis. "I'm embarrassed sometimes," says a West German businessman, "when an Arab says 'Heil Hitler!' to me." A less sensitive colleague admits that he prefers his Mideastern salesmen to be men "with good war records" -ideally, former members of Rommel's Afrika Korps...
...Soviet success in Iraq demonstrates, the Communists often benefit even more than the Germans from Mideastern hatred for the "imperialist powers." Communist states are also prepared to underwrite prestigious but unprofitable deals. In Cairo last summer, when a West German firm desperately sought to win an electrical construction contract away from the East Germans, the East German representative impatiently burst out: "Gentlemen, let's stop this nonsense. I have orders from my home office to undercut any Western price-even if I have to go to practically zero...
...Titotalitarian" one is so narrow that even a writ of habeas corpus cannot pass through it, but the Tito version may be more tempting to the satirist. In this book Anglo-Irish Novelist Lawrence Durrell, who once served with the British embassy in Belgrade, leaves his steamy Mideastern cabals (Balthazar, Justine) for airy Balkan spoofs. The eleven grotesque tales in Esprit de Corps (subtitled Sketches from Diplomatic Life) do not all come off, but the best of them extract a flavorsome slivovitz from the Titoesque...
...Mideastern revolutions, the man out in front of the mob may not be leading it -he may be running for his life. Iraq's ruling General Karim Kassem is in the familiar situation; his army, which alone can overawe the mob, is an uncertain weapon. Kassem has already clapped in jail Colonel Abdul Salam Mohammed Aref, his co-conspirator in the four-month-old revolt, as well as a dozen other suspect army officers. Kassem has also tried to placate the mob by alloting free seeds to farmers, and promising land reforms...