Word: transfers
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Under the agreement, the transfer of power in the Gaza Strip and Jericho enclaves will take 21 days. But the changeover may take even longer. "There is no real deadline," says a high-ranking Israeli negotiator. "We shall stay as long as is necessary." The army preferred to complete its redeployment within a few days, fearing a slow drawdown of troops might expose the departing soldiers to danger if the P.L.O. failed to maintain order. Such concerns were magnified by the P.L.O.'s imperfect management. A day after the Cairo ceremony, the first 1,500 of 9,000 Palestinian police...
...their mutual uncertainties and, fingers crossed, set a date to begin a new future. Though negotiators had still not resolved all the details of Palestinian self-rule despite six months of wrangling, they agreed to worry later about the few outstanding issues and get on with the long-delayed transfer of power, beginning this week. Said Israeli Foreign Minister Shimon Peres, after sealing the date with P.L.O. chief Yasser Arafat in Cairo: "It is, I think, the end of a long voyage and the beginning of a new chapter between the Palestinians and ourselves...
...days it looks as though more Americans than ever are willing to let go. They are traveling through coinless tollbooths, banking at branchless banks, riding in tokenless subways and paying for everything from taxi rides to mortgages with the swipe of a card or the blip of an electronic transfer. Such transactions accounted for 18% of the $55 trillion total that consumers, corporations and governments spent last year. But the number of electronic transfers has increased nearly 200% since 1986, in contrast to a 17% rise in the number of check and cash transactions. And the volume of household bills...
...further in the future are their freshly renewed hopes for steady jobs, well-lit houses, modern schools, neighborhood clinics. Few delude themselves that a mansion and a Mercedes are at hand, but almost all expect -- even demand -- some visible improvement in their everyday life. "There is a transfer of power taking place to the toiling masses of this country," says Voice Mabe, a trade-union worker in Soweto. "From the end of April, there will be drastic changes...
...nevertheless become a symbol of confusion within the Administration. The deal circumvents trade sanctions on military equipment enacted after the 1989 Tiananmen Square massacre and appears to contravene Defense Department efforts to engage China in defense conversion, not modernization. To benefit an American company, the U.S. may allow the transfer of equipment that some experts say could enable China to develop a longer- range cruise missile, capable of lofting nuclear warheads as far as Japan and India. If approved, the sale would provide a graphic demonstration of the constant collision of competing goals in Bill Clinton's foreign policy: protecting...