Word: saudi
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...group of armed, extremist factions that have been spawned in the triangle of political instability from Baghdad to Gaza to Tripoli. Those groups include Iraqi insurgents, the mysterious Palestinian faction holding BBC journalist Alan Johnston hostage in Gaza, and the radical Salafist cells that have multiplied in Saudi Arabia and across North Africa all the way to Morocco. Taken together, these groups threaten the entire Middle East. Exploiting the Internet, using cell phones to communicate, stealing cash and smuggling drugs to finance operations, they constitute an amorphous enemy that makes a war on terrorism difficult to fight, much less...
...they dress up? Because Cannes is a huge party, in which films must fight for attention with gaudier enticements. A worthy effort from Eastern Europe may be upstaged by news that a Saudi billionaire's yacht has run aground in the harbor. A global-warming documentary may be seen by few, but if its producer is Leonardo DiCaprio, journalists will turn up in droves seeking an audience. And what chance does a premiere by minimalist Taiwan master Hou Hsiao-hsien have when, that same morning, U.S. comedian Jerry Seinfeld is promoting his cartoon feature Bee Movie by dressing...
...gulf states, though, are aiming higher. On May 20, the Chinese government said that it was paying $3 billion for just less than 10% of the Blackstone Group, the U.S.'s leading private-equity firm, which owns everything from Freescale Semiconductor to Michaels Stores. The next day, Saudi Basic Industries Corp. said it was buying General Electric's plastics division--the storied operation based in Pittsfield, Mass., where former GE boss Jack Welch earned his stripes--for $11.6 billion...
...TIME: Does the fighting jeopardize the Mecca Agreement [creating the Palestinian unity government] negotiated by Saudi Arabia...
...dramatic victory - one which neither Washington, alarmed by Hamas's hostility to Israel's very existence, nor many of the Fatah activists whose power of patronage required holding onto the machinery of government, were prepared to accept. After tension between the two sides erupted in violence earlier this year, Saudi Arabia brokered a power-sharing agreement that created a unity government. But as of last weekend, the unity government appears to be on the verge of collapse amid fierce new fighting between gunmen of the two parties, and Hamas? rocket crews may be trying to restore intra-Palestinian cooperation...