MIDDLE EAST: The New Perils of Peace

YOU'VE never had it so good," Israel's prestigious newspaper Ha'aretz told its readers last week as it editorially noted the second anniversary of the Suez Canal ceasefire. Few Israelis would disagree. Not only has there been no shooting along the canal, but terrorism by Arab fedayeen is down sharply, and, most important, the threat of a confrontation with Russia was removed when Soviet forces withdrew from Egypt. For the first time in all of its 24 years, Israel had no challenger in the Middle East—and in many ways was finding the new...

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