In January, The Palestine Liberation Organisation (PLO) is formed under the auspices of President Nasser of Egypt. The PLO draws up a Charter with the goal of liberating all of ‘Palestine’ (i.e. Israel) and liquidating the Jewish State. Yasser Arafat later becomes the PLO leader and embarks on a campaign of international terrorism against Jewish targets. The PLO Charter calling for the liquidation of Israel has never been rescinded.