Word: shultz
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...water, Heineken beer, Guinness stout, Swiss and blue cheese, and Belgian chocolates. The curbs will be phased in beginning May 1 unless the European Community rescinds restrictions imposed last month on $1 billion worth of imports of U.S. soybeans, corn and other agricultural products. Says Secretary of State George Shultz: "If we can't work something out, then we've got to fight...
...rich industrial lands. The crisis could inflame tensions in the Middle East, in particular, where oil revenues have dropped from $237 billion in 1980 to an estimated $110 billion last year. Last week Israeli Prime Minister Shimon Peres, who visited the U.S. to confer with Secretary of State George Shultz, called the oil plunge a threat to peace in the Middle East and urged Western countries to begin a modern-day Marshall Plan to aid the region, using some of the money saved by lower oil prices...
...mass exodus of hundreds of thousands of laid-off migrant workers --mainly Egyptians, Palestinians and Pakistanis--from the Persian Gulf could overtax their native lands and stir political unrest. While singling out no particular country, Secretary of State Shultz cautioned last week, "History teaches that nations in deep economic distress are more vulnerable to political instability, to the simplistic appeals of demagogues who preach siren songs of war and confrontation as a diversion from home...
...Shultz made the statement at a Washington lunch for Israel's Peres, whose warnings of increased instability in the Middle East are taken seriously in the capital. On the one hand, Israeli officials say their country has been strengthened diplomatically by the oil glut. The declining petropower of the Arab countries has emboldened many Third World oil-using nations to renew contacts with Israel broken off during the 1974 oil crisis. But closer to home, some Israeli officials see increased potential for an attack by Syria, which has fallen on hard times partly because beleaguered Iran...
Meanwhile, George Shultz, who was in the midst of a European trip in search of assurances that U.S. bases would remain in Greece and Turkey, held a press conference in Ankara at which his usually stony face fairly beamed with satisfaction. He defended the exercise off Libya as a simple assertion of "traditional maritime rights," but later described the action as "blowing the whistle" on Gaddafi. Shultz was one of the first U.S. officials affected by a stepped-up alert against potential Libyan terrorist reprisals. When he left Ankara for Athens, his Boeing 707 was escorted by a team...