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Israel has provided Haddad with millions of dollars' worth of military hardware for his 2,000-man militia. Haddad needs all the help he can get. P.L.O. 105-mm howitzers and mortars at Beaufort Castle regularly pound his headquarters in Marjayoun (pop. 14,000). Haddad also has to contend with an estimated 700 Palestinian guerrillas who have set up 40 outposts in the zone nominally controlled by UNIFIL, the 5,900-man U.N. observer force...
...trying to fathom the man and his times, almost every Carter analyst comes back, both in admiration and in doubt, to the President's religiosity. It bolsters him for the great waves of criticism that pound now at the White House. But it also seduces him and contributes to many of his falterings. He is a believer?in-Bert Lance, his old friend and economic counselor whose banking improprieties forced him from the Office of Management and Budget; in Billy Carter, the kid brother with a good heart who must mean well; in Leonid Brezhnev, who pledged his hope...
...relatively recent problem for the U.S., a number of European nations have wrestled with it for years, and their own prices have climbed to alpine heights. The late 1970s slide of the dollar against such key currencies as the West German mark, the Swiss franc, and the British pound has only widened the price gap. In Munich, a cup of coffee now sells for the dollar equivalent of $1.50; designer jeans in London go for $65 or more a pair; gasoline costs $3.23 per gal. in Denmark...
Indexation at home has led to a constant devaluation on the world money markets of Israeli currency, whose name was changed from the pound to the biblical shekel earlier this year. One digit was knocked off the currency so that ?10 became one shekel. During the past six months the shekel has fallen from 3.4 to 4.7 to the dollar. Because of its huge domestic and foreign borrowings, the country already must spend a crippling 30% of its G.N.P. on repayment of loans and interest. As its currency loses value, the burden of its foreign debts will become heavier...
...thing last week's Republican convention reaffirmed was the age-old adage of oratory. Add one ounce of optimism to every sentence, mix with several grams of virulence directed at the opposing party or the third party candidate--especially, if applicable, at the incumbent--wave hands in frenetic form, pound the microphone with Churchillian grandeur to show strength, ask rhetorical questions the answers to which are either a resounding "No" or the name of the nominee, and you get a pleasant and predictable melange, certain to excite and incite the conventioneers--and to bore everyone else...