Word: spigots
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...over five years pledged by the international community to build Palestinian houses and schools and train workers for better jobs will help, but only a trickle of funds is flowing in. Last week P.L.O. Chairman Yasser Arafat asked U.S. Secretary of State Warren Christopher to open the spigot full blast. The Secretary voiced sympathy but reiterated the demands of donors for strict accounting controls. Arafat fumes at such "economic occupation," but donors, recalling the P.L.O.'s freewheeling spending habits, have reason to fear creation of a giant slush fund...
...will those who fought so long to close off the spigot have the same success at opening it back up? Even with Nelson Mandela's imprimatur, money is unlikely to come gurgling into South Africa soon. First investors will want to weigh the risks and prospects on the new political landscape. "Like others, we're reading the tea leaves before we decide what to do," said a spokesman for IBM, which sold its operations to a local concern known as ISM in 1987. The most intimidating hurdle that prospective investors face is the continuing level of factional violence, most...
...direction from the government. "The beauty of it is that we don't have one wonderful white man giving us a million dollars a year," says Bakewell. "We've got 100,000 black people giving $10 and 100,000 black people giving us $1, and that becomes a spigot that you can't shut...
...lawn sprinklers in Bel Air and since all the ice cubes solidifying themselves at this very moment in Beverly Hills' kitchens originate in the north, Mr. Reagan, that quintessential Southern Californian (nonnative variety), may yet be proved right. Especially if the north ever loses patience and turns off the spigot...
...economic policy doesn't address the peasant's concerns, if the cities are bleeding the peasants as in most of Africa, then you cannot have democracy," he says. But such approaches have kept the foreign aid dollars from flowing. Some Ethiopians are resentful that the foreign aid spigot is still dry. "You said you would help those countries that formed democracies," says Tekola Hagos, Vice Minister of Foreign Affairs. "Where's the beef? Please send cash." But Meles appears more tolerant. "For us there is a commitment to democracy even without aid," he says, "so whatever funding the U.S. gives...