OPEC ministers weigh price war as market share goal
In Geneva, OPEC oil ministers signal willingness to let prices fall perhaps below 20 dollars a barrel to defend market share. No formal decision yet but consensus shifts from propping up 28 dollar price to defending access against non OPEC rivals Britain and Norway, with potential for a global price war next year.
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Geneva
OPEC
Organization of Petroleum Exporting Countries
Ahmed Zaki Yamani
Saudi Arabia
Britain
North Sea
Subroto
Fernando Santos Alvite
Ecuador
Tom David-West
Nigeria
Norway
Arens Returns to Israel After Secret Washington Mission
Israel cabinet minister Moshe Arens returned from a secret Washington trip where he discussed the case of Jonathan Pollard, a Navy analyst accused of spying for Israel. Prime Minister Shimon Peres confirmed authorization, with Shamir and Rabin present at the Peres-Sharon meeting and Ram Caspi listed among those who went to Washington.
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Jerusalem
Moshe Arens
United States
U.S. Navy
Israel
Israel Radio
Arens
Shimon Peres
Washington
Peres
Yitzhak Shamir
Yitzhak Rabin
Sharon
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