Word: mutuall
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Dates: during 1970-1979
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...repeat it. But it is also true that slavish adherence to past precepts is the enemy of political creativity. Sadat's extravagant gamble made it possible for all parties concerned to think of the Middle East problem in a nontraditional way. Courageously, he broke a pattern of stalemate and mutual hostility between Israel and Egypt, the most populous and politically powerful of Arab states. Sadat's countrymen welcomed him home from his peacemaking voyage with ululations of joy, as if he had led his legions to victory over their mortal foe. Other Arabs were shocked, puzzled or silent. The Saudis...
Barring disaster, the Begin-Sadat Christmas meetings could produce an umbrella declaration of principles and perhaps a token arrangement of mutual good will. After that, the Cairo conference already in session could itself be raised to the ministerial level for purposes of negotiating a detailed settlement. Sadat has told TIME (see interview) of his willingness to make his arrangements with Begin, and then inform the other Arab states that he has negotiated a framework in which they too can negotiate. In effect, Sadat is thinking of a separate peace with sequels?leaving the other Arabs to work on their...
...went to the White House, the other day rang up Henry Kissinger, one of the fellows who had put the world in the shape it was. Zbig asked Henry out to lunch at the Sans Souci, an eloquent eatery until now shunned by the Carter people. A covenant of mutual admiration was struck just a few feet from the mahogany Venus in the middle of the restaurant. Helped along by a couple of glasses of Almaden Chablis, the two former professors were soon intently but good-naturedly debating their respective views as if they were back in the classroom...
...were on the phone to Plains. Carter filled in the Egyptian President on what he and Begin had discussed. Begin went off to visit his old friend Kissinger, then dropped in on the ailing Senator Hubert Humphrey. When Zbig rose at lunch at the Israeli embassy to toast the mutual commitment to a noble ideal, to "the birth of peace," the emotional response in the room startled almost everyone. And a little later Henry Kissinger, the enduring wit, could chortle, "We may be doomed to peace...
...result, small investors have pulled out of the market by the millions to put their money into bonds, land, coins, wine-anything that is either tangible or seems less risky than shares. Trading consists mostly of transactions between the big institutions: mutual funds, pension funds, bank trust departments. And managers of the pension funds, who invest more than $100 billion, have a special reason for worry: Congress in 1974 passed a law permitting receivers of pensions to sue managers of the funds for poor investment performance. Fearful fund managers have adopted a supercautious strategy, setting themselves the modest goal...