Word: saudi
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...Meshal of Hamas, falls far short of the principles of the international mediating group known as the Quartet, composed of the U.S., United Nations, European Union and Russia, that a unity government must recognize Israel, reject violence and commit itself to the peace process. The Mecca talks, convened by Saudi King Abdullah, resulted in a Hamas pledge to "respect" previous Palestinian agreements to engage in peace talks with Israel. But Hamas leaders pointedly did not embrace Quartet demands that they concede Israel's right to exist and move toward a two-state solution...
...This is not what the Administration had in mind," Indyk told TIME today. "They were expecting that Abu Mazen backed by Egypt and Saudi Arabia, would be moving into a process of excluding Hamas. They did not expect that Abu Mazen would compromise with Hamas. They didn't want him to compromise with Hamas, and they didn't think it was necessary." The U.S. team, Indyk argues, failed to anticipate that Abbas would opt for "conciliation and cooperation rather than confrontation" with Hamas...
...same time, the U.S. government has also recently stepped up cooperation with Saudi Arabia, the world's top petroleum producer, to keep the price of oil at around $50 a barrel - nearly one-third below last year's peak - a price level partly intended to help cut the oil bill for American consumers, but also to reduce Iran's petroleum revenues, which last year hit some $44 billion. More broadly, U.S. sanctions have long prevented American companies from dealing with Iran, but recently U.S. officials have been urging European and Asian banks to avoid involvement with Iran as well...
...leaders of Fatah and Hamas huddled in Saudi Arabia Tuesday night in search of a deal to resolve their conflict, the checkpoints scattered across Gaza were mostly quiet. But the masked gunmen manning them looked exhausted and irritated after a week of nearly non-stop fighting that killed about 60 people and wounded more than...
...fighting last week between fighters loyal to the Hamas-controlled government and the various militias of President Mahmoud Abbas's Fatah party. But most agree that the fragile cease-fire put into place on Sunday has no chance unless the Palestinian leadership can pull off a near miracle in Saudi Arabia under the guidance of the Kingdom's last-ditch mediation effort...