Word: summiteer
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Dates: during 2000-2009
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...room, five-star hotel with a Gothic cathedral lobby and an Austrian chef. The drive for authenticity is relentless: last summer an alpine songfest even brought yodelers to the resort. You can tour the property aboard an antique railroad that circles it, or view it from the highest summit--some 50 ft. (15 m) above--before plunging down the slope on the gondola cum roller coaster. Says hotel event manager Selina Liu: "All of our guests say they forget they're not in Europe...
There is an Arab acceptance of Israel and a commitment to a comprehensive peace settlement that is unprecedented in the six decades of the conflict. The Arab peace initiative of 2002, which was re-launched at an Arab summit this year, promises full peace with Israel in return for Israel's withdrawal from Arab territories. In Israel, there has been a fundamental shift in thinking at least about the efficacy of occupation, which led former Prime Minister Ariel Sharon, the patron of the settler movement, to withdraw Israeli troops and settlers from Gaza...
Saudi officials used the occasion of an OPEC summit in Riyadh in mid-November to say they could up production at any time. But that raises the pesky question of why they don't. So far, the answer from OPEC leaders has been that high prices are the fault of speculators and the falling dollar, not low production. They're not just blowing smoke. Lynn Westfall, chief economist of refiner Tesoro Corp., says there's more than enough oil for sale right now. The price pressure, he explains, "is coming from financial participants in futures markets...
...OPEC's members are not able to boost production in coming years, though, it will be impossible to keep blaming the traders as prices rise. What happens then? "If we had better data, we could hold a global summit and say, 'Gentlemen, it's nobody's fault, but we've peaked,'" says Simmons. "We've got to embrace some conservation practices that are draconian, or we will be at war with each other...
...European and Arab allies, fearful that the stalemate raises the likelihood of military confrontation before President Bush leaves office in January 2008, there was another lifeline - or straw, depending on your perspective - offered by President Mahmoud Ahmadinejad at the weekend. During a visit to Saudi Arabia for an OPEC summit, the usually provocative Iranian President told an interviewer Iran would consider an Arab proposal for offshoring its industrial uranium enrichment in a neutral country such as Switzerland...