Word: sheiking
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...contain a more profound truth: Yasser Arafat's claim to leadership over the Palestinians has never looked more shaky. Doubts are growing throughout the Middle East over whether the aging, ailing Palestinian leader will be able to deliver on undertakings given to President Clinton at Sharm el-Sheik to rein in militants on his own side in exchange for Israeli troop withdrawals from the entrances to Palestinian towns...
...Palestinian leader is the fact that much of the grassroots leadership of his own Fatah organization has been equally, and as openly, scornful of the cease-fire. Fatah leader Marwan Barghouti, who has played a central role in organizing the current intifada, publicly dismissed the Sharm el-Sheik agreement Tuesday, and vowed to continue to fight to end the Israeli occupation of the West Bank and Gaza. Arafat may have to look long and hard to find a constituency of Palestinians with any faith in the agreement he brought home this week, and yet that agreement requires that he deploy...
Richman's researchers have re-created the priestly garments and tools that will be needed in the "Third Temple": a silver mizrak to collect blood from sacrificial animals, even a million-dollar menorah. And Sheik Hassan Barghouti is preparing--in a row of tiny classrooms built into the ancient north wall of the compound. As principal of al-Aqsa School, Barghouti drills 140 young Koranic scholars in the literal divinity of the stones from which their schoolroom is built. "This Jewish temple is a pure lie," says Barghouti. "It's the duty of every Muslim to die to defend...
...bring all this up? The NASDAQ is down 20% since Sept. 1, more than wiping out a brisk August rally. Other indexes have fared better, but you pretty much had to be an oil sheik to have made money last month. The euro is falling. The economy is slowing. The dotbombs are exploding, and companies are warning of weak quarterly results. Dell is the latest. Everyone has the jitters...
...time the historic meeting adjourned, OPEC's leaders had established for themselves not just a new mandate but also a new identity. Gone are the dictatorial Saudi Arabian edicts of Sheik Ahmed Zaki Yamani, who once practically ruled the cartel, if only by virtue of Riyadh's overwhelmingly dominant role as a producer. The new OPEC is, in the words of an Arab diplomat at Caracas, a "management group." Its new strategists are cosmopolitan technocrats, in some cases U.S.-educated. They speak the language of market economics and are unlikely to rock the global boat with sudden embargoes or regional...