Word: mideastern
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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...
...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...
...building in Manhattan this week the 81-nation conclave, which romantics like to call "the parliament of man," addressed itself to a historic task. The problem before the U.N. General Assembly-the persistent, nitroglycerin-like instability of the Middle East-was infinitely complex and the potential consequences of another Mideastern explosion were incalculable. Yet, for all that, the great majority of delegates went to the fifth special session in the 13-year history of the Assembly armed with nothing more than what the Japanese engagingly called "a policy of positive wait...
Last week Pepsi was set to take another big gulp out of Coke's Mideastern market. With plants under construction in Basra and Khartoum, Pepsi has issued franchises for other plants, costing about $400,000 each, in Bahrein and Amman...