Word: dealing
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Dates: during 2000-2000
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Even under the June sunshine, Bill Clinton found Moscow a little chilly for his liking. The Yeltsin years got the U.S. president accustomed to dealing with a Russian leader as pliant as a puppy so long as his begging bowl was filled, but Sunday's summit with just-anointed President Vladimir Putin saw Mr. Clinton facing a Russian leader less prone to accommodating Western concerns. And on the key issue of missile defense, President Putin holds the cards that can make life a little uncomfortable for the U.S. leader. "President Clinton needs a deal on missile defense far more than...
...rush on a missile deal...
...Although he's threatening to burn down the house of arms control if the U.S. proceeds without Russian approval, Putin needs a deal with Washington for his own reasons - maintaining the existing Russian missile fleet may tax Moscow's resources beyond their capacity, and the substantial cuts envisaged for both sides as part of a START III framework treaty will help Russia maintain an affordable nuclear deterrent. That creates a powerful incentive for Putin to seek new arms control agreements. The difference is that while Clinton is under the gun, Putin has plenty of time on his hands. "Right...
...your mega-merger, and raise you... Acquisitiveness in the airline industry was bound to take off in the jetwash of the proposed United-US Airways merger, but a report that honchos at No. 2 American Airlines and No. 4 Northwest have been in contact about a deal of their own - which would create a new top dog mega-carrier with nearly 30 percent market share - smells suspiciously like a bluff. "Obviously, there's a fever in the industry to consolidate for fear of getting left behind by United," says TIME business writer John Greenwald. "But it seems like the government...
...failed to produce an outcome by that date, he would unilaterally declare a Palestinian state. But he may have backed away from a confrontational scenario. "Senior Palestinian officials have indicated that Arafat will wait at least until the end of the year, to give Clinton time to broker a deal and to avoid creating a showdown that could become an issue in the U.S. presidential election," says Beyer. "Besides, Barak has also indicated that if Arafat takes unilateral action, he will do the same and simply annex East Jerusalem and those parts of the West Bank Israel wants to keep...