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...just a new mandate but also a new identity. Gone are the dictatorial Saudi Arabian edicts of Sheik Ahmed Zaki Yamani, who once practically ruled the cartel, if only by virtue of Riyadh's overwhelmingly dominant role as a producer. The new OPEC is, in the words of an Arab diplomat at Caracas, a "management group." Its new strategists are cosmopolitan technocrats, in some cases U.S.-educated. They speak the language of market economics and are unlikely to rock the global boat with sudden embargoes or regional disputes. The President of Iran, Mohammed Khatami, last week acknowledged a tacit partnership...

Author: /time Magazine | Title: Oil's New Boss | 10/9/2000 | See Source »

...both cases, that may be a tall order. Barak's domestic political weakness is forcing Barak to act tough, and he's now considering a unity government with the Likud party who've opposed the peace process all the way. And the mounting violence between Jewish and Arab citizens of Israel is a frightening portent of the drift of Israeli domestic politics...

Author: /time Magazine | Title: It May Not be a Yom Kippur War, But Don't Count on a Yom Kippur Peace | 10/9/2000 | See Source »

...rein in a Palestinian street long skeptical of the value of his negotiating efforts. The attacks over the Lebanese border by the guerrillas of Hezbollah on Saturday may be more of a headache for the Palestinian leader than for Barak. Ever since Hezbollah's victory was acclaimed throughout the Arab world in the summer after Israel withdrew from Lebanon, young Palestinians skeptical of Arafat's peacemaking efforts have admiringly cited its example. Arafat is facing a direct challenge from the Islamist militants of Hamas and also some degree of mutiny in the ranks of his own Fatah movement - local leaders...

Author: /time Magazine | Title: It May Not be a Yom Kippur War, But Don't Count on a Yom Kippur Peace | 10/9/2000 | See Source »

...Arab businessman in Dubai announces that he intends to dispatch fifty truckloads of stones and 500,000 slingshots for use by Palestinians in the new uprising...

Author: /time Magazine | Title: It's Scorpion Logic Again in the Middle East | 10/9/2000 | See Source »

...Israel withdrawing some of its deployments around Palestinian towns, and the Palestinian Authority for its part keeping protestors away from the Israeli military outposts in Gaza and the West Bank that have been the flash-points of the last week's violence. But with his people - and the wider Arab world - enraged by Israel's actions, Arafat may be reluctant to be seen to be too easily drawn into new deals. Reports from the West Bank and Gaza suggest that efforts may already be underway to implement the cease-fire terms, although new clashes were reported in Gaza...

Author: /time Magazine | Title: Why Albright's Paris Peace Talks Tanked | 10/5/2000 | See Source »

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