Word: plights
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Behind the scenes, the most active of the Arab states was Saudi Arabia, whose leaders were upset about the plight of the P.L.O. but did not, as has been reported, threaten to use the "oil weapon" against the U.S. if Washington failed to stop an Israeli attack on West Beirut. Late last week the Saudis quietly invited Lebanese Phalangist Leader Bashir Gemayel to visit Taif, their unofficial summer capital, for talks with King Fahd and several visiting Arab diplomats. Gemayel, a Maronite, is not only leader of the powerful Christian militia known as the Lebanese Forces but a member...
...combination of outside planning expanding commercial activity and local dedication to the plight of the unemployed could well produce an improved city economy. Politicians, even those suspicious of unfamiliar investors and unpredictable federal programs say they are optimistic about the future. But the uncertainties remain overwhelming. A great distance still exists between the frustration of the unemployment office and the excitement in Russell Lindquist's headquarters. The planner points out one final concern. If Cambridge goes too far in controlling who works for new city businesses. Cambridge residents may find a cold reception from employers in other towns. "I know...
Such scenes of human displacement and despair had become appallingly commonplace in Lebanon in the aftermath of the Israeli blitz. To look into the plight of the civilians who were in the path of the invasion, TIME sent four journalists into the area: Beirut Correspondent Roberto Suro, Jerusalem Correspondent David Halevy, Cairo Correspondent Robert C. Wurmstedt and Reporter Leroy Aarons. Their combined report...
...franc's plight has been aggravated by the persistent strength of the dollar. As high U.S. interest rates draw funds into greenbacks, the dollar last week rose to its highest against the Japanese yen in several years, and set postwar records against the French franc, Italian lira and Canadian dollar. According to a closely watched indicator published by the Morgan Guaranty Trust Co., the dollar's trade-weighted value is now higher than it was in 1970. Fulfilling an agreement reached at Versailles, the Reagan Administration last week broke with its free-market doctrine, selling dollars in foreign...
...warning of the company's plight came in February, when American Airlines, bleeding from a deep 1981 fourth quarter net loss of $20.3 million, canceled its plans to buy 15 Boeing 757 planes, an order worth about $600 million. Although American earned a profit for the year of $47 million, that was still not enough to begin buying new planes...