Word: truce
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Although Arafat has "renounced" terrorism, he holds fast to his support for violence. When Bethlehem mayor Elias Freij proposed a truce in the intifadah to provide an opportunity for negotiation, Arafat countered with this threat: "Any Palestinian who proposes an end to the intifadah exposes himself to the bullets of his own people and endangers his life. The PLO will know how to deal with him." So much for words of peace...
...mayor of Bethlehem said in his pre-Christmas truce proposal, "Jews and Arabs are destined to live in this country together forever. Let's follow the wisdom of Solomon the Great. Israel is to have its part and the Palestinians to have their part of the Holyland...
Like other OPEC pacts, the truce came after days of heated negotiations. And like other OPEC pacts, it may prove ephemeral. Iranian Oil Minister Gholamreza Aqazadeh broke a deadlock when he tentatively gave in to Iraqi Minister Isam Raheem al-Chalabi's demand for a quota equal to Iran's 2.6 million bbl. a day. To accommodate the 1 million bbl. increase in Iraq's quota, other OPEC members gave up a bit of their own allowances...
While the suitors struggled to come to terms, a sudden truce was called in another huge takeover fight when Kraft ('87 revenues: $10 billion) agreed to be acquired by Philip Morris ($28 billion). Hamish Maxwell, chairman of Philip Morris, said he will not have to sell off chunks of Kraft to finance the buyout. Said he: "For the vast majority of Kraft workers, this won't have any impact at all." The Philip Morris coup was an unusually smooth resolution. Another KKR fight fizzled last week when the Macmillan publishing firm accepted a $2.5 billion offer from British financier...
...assaults are part of a drive that has virtually crushed a long-simmering rebellion of the Kurds and punished Kurdish guerrillas -- known as pesh mergas, or "those who face death" -- for collaborating with the enemy during Iraq's eight-year war with Iran. When Iran agreed to a truce on Aug. 20, the Iraqis began to move against the Kurds...