Word: amr
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...Lebanon, Arafat loyalists were fighting other opponents of the peace deal with Israel, this time dissidents within Fatah. While infighting in Lebanon is an old phenomenon, in the Gaza Strip, it was something new. "All the factions had sworn that they would never resort to violence," said Ziad Abu-Amr, an expert on Islamic fundamentalism at Bir Zeit University in the West Bank. "Now taboos have been broken. The glass has been shattered. So we are waiting for another round. Are the conditions of the + first round still present? Yes, and more...
Whether the Hamas leadership speaks for the most radical elements in the organization, however, remains a question. "The militant, hard-line trend is dominant now, and the prevailing notion that Mr. Arafat is in deep trouble pushes them forward," said Abu-Amr. Referring to the Oct. 19 suicide bombing of a Tel Aviv bus that killed 22 people, a Hamas leader added, "Have no doubt, some people are ready to imitate what happened in Tel Aviv in the center of Arafat's Authority." Civil war could also be provoked by Arafat's security forces, which include men who believe that...
Stocks rose sharply, as third-quarter earnings reports continued to come in above analysts' expectations. Some examples: Compaq's profits soared 88%; aircraft maker Northrop Grumman's earnings rose 50%; and AMR, the parent of American Airlines, reported a 74% profit gain. The Dow Jones industrial average rose 18.50 points, to 3936.04, on heavy trading (319 million shares on the NYSE). The S&P 500 climbed 2.62, to 470.28. NASDAQ stocks jumped 5.81, to 770.62. Bond prices declined, meanwhile, as the yield on the benchmark 30-year Treasury rose to 7.90% from 7.87%. The price of gold rose...
...Amr Radwan...
...Cairo last week Arafat and Israeli Foreign Minister Shimon Peres shook hands on a new agreement they insisted had brought the stalled peace plan much closer to fruition. Negotiated with the help of Egyptian Foreign Minister Amr Moussa and President Hosni Mubarak, the accord settled a number of sticky disputes that have delayed the transfer of power, notably concerns about the safety of Jewish settlers in the enclaves and the control of border crossings into the occupied territories. But the pact leaves to further negotiations numerous other issues, including the size of the Jericho district and economic relationships. Until they...