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...plan calls for deep budget cuts, lower wages and sharply higher prices for food, education and health care. At the same time the shekel has been devalued by 13%. The measures, approved by the Cabinet last week, drew acrimonious opposition from the Histadrut labor federation and Defense Minister Yitzhak Rabin. So vociferous was the army in protesting a proposed $193 million cut in the military budget that Peres ultimately agreed to trim only about $66 million...

Author: /time Magazine | Title: Israel: Bitter Pill For Peres | 1/16/1989 | See Source »

...late summer of 1975, after an all-day negotiating session in Prime Minister Yitzhak Rabin's Jerusalem office, Henry Kissinger approved a midnight addition to an agreement with Israel. The U.S., he pledged, would not "recognize or negotiate with" the Palestine Liberation Organization until the P.L.O. accepted Israel's right to exist. Washington later added another condition, that the P.L.O. renounce terrorism. With the exception of occasional clandestine contacts and the publicized breach that cost Andrew Young his U.N. ambassadorship, the stricture has been U.S. policy ever since...

Author: /time Magazine | Title: Why It Is Time to Talk to the P.L.O. | 12/12/1988 | See Source »

...minimum, Labor wants the Defense post for Yitzhak Rabin, who held it in the previous government, and either Finance or the Foreign Ministry for Peres. Shamir would happily retain Rabin at Defense, but he has yet to offer Peres a major portfolio. Says a senior Likud member: "If Shamir gives Finance and Defense to Labor, he really gives up control of the government...

Author: /time Magazine | Title: Shamir's Exquisite Dilemma | 12/5/1988 | See Source »

Labor's young guard would prefer to go into opposition and let voters experience a right-wing religious government. But Peres and Rabin are not eager to relinquish power for the sake of ideology. For Peres the personal element is very strong: banishment to the opposition could prove fatal to his political career. For Shamir the price could be no less high. If he fulfills the promise he made to the ultra-Orthodox, he risks making enemies of America's 6 million Jews...

Author: /time Magazine | Title: Shamir's Exquisite Dilemma | 12/5/1988 | See Source »

Defense Minister Yitzhak Rabin said the plane and the crew would be returned to the Soviet Union. "The hijackers will be interrogated and Israel will act according to international law," Rabin said. He was quoted as saying later on NBC News that "...those who violated the Russian law" will be returned to Soviet authorities...

Author: NO WRITER ATTRIBUTED | Title: Soviet Hijackers Surrender in Israel | 12/3/1988 | See Source »

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