Word: rashid
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...they stopped short of publicly asking the P.L.O. chieftain to leave the city. The Gulf Cooperation Council, made up of Saudi Arabia and five other Persian Gulf states, dispatched a delegation to Damascus. A four-day cease-fire was worked out, promptly broke down, then was patched together again. Rashid Karami, a former Lebanese Prime Minister who lives in Tripoli, asked Arafat to quit the area and "leave with all his brothers." The P.L.O. leader flatly rejected the appeal amid reports that the rebels had made their final demand: surrender now and leave Lebanon, or face an all-out assault...
...settled, the cease-fire was to be enforced by a special security committee composed of members of the Lebanese Army, the Christian militias, the Shi'ite militia Amal, and the National Salvation Front, a new Syrian-backed opposition group headed by Druze Leader Walid Jumblatt, former Prime Minister Rashid Kararrti and former President Suleiman Franjieh. The committee would be assisted by foreign observers, from either France or Italy, as Gemayel prefers, or perhaps from Saudi Arabia or Yugoslavia, as some of the opposition groups advocate. After that, Saudi Arabia's King Fahd would issue an invitation to Gemayel and other...
...forces could. The front's three leaders represent the major religious opponents of Gemayel's Christian Phalange. As leader of the Druze, an esoteric, secretive religious sect that emerged in the 11th century as an offshoot of Islam, Walid Jumblatt, 34, speaks for about 250,000 Lebanese. Rashid Karami, 62, who served as Prime Minister during the 1960s and still retains a power base in Tripoli, is a Sunni Muslim, as are a million Lebanese. Though Suleiman Franjieh, 73, who served as President from 1970 to 1976, is a Maronite Christian like Gemayel, he has waged a long...
...they are not quite inexplicable. Horse breeding, once the sport of kings and nobles, is now the delight of international moguls and financial princes. Well-heeled foreigners, particularly the Arabs, like lavish-spending Sheik Mohammed bin Rashid al Maktun (who bought the record-breaking filly at Saratoga), have brought piles of new money into the enterprise. In addition, Thoroughbreds are tax sheltered and relatively portable collectibles whose value has appreciated not only more than inflation but well beyond most other investments. The Dow Jones index rose a bare 7% in the past 20 years. Prices at sales like Keeneland...
...parlayed a shrewd interest in horseflesh and an oddsmaker's understanding of the business into a stable of 400 Thoroughbreds, paid $4.25 million for a 15-month-old colt. It was the highest price ever for a race horse at auction. Sangster outbid Sheik Mohammed bin Rashid el Maktoum, Dubai's Defense Minister and the heir apparent to the throne of the principality, who dropped out after offering $4 million. Sangster breezily announced he would have gone higher to get the magnificent dark bay, a son of Nijinsky II, Europe's Horse of the Year...