Word: action
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Dates: during 1970-1979
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...take some specific action of support, the House voted to cut off all military and economic aid to Iran, including $20 million in U.S. funds allocated through the U.N. Development Program. The tally...
...what extent was the student action-and the Ayatullah Khomeini's endorsement of it-in accordance with Islamic law? Experts differ. Zaki Badawi, Egyptian director of the Islamic Cultural Center in London, argues that "the demand for the return of the Shah to face trial in Iran is in agreement with Muslim law." Islam holds that "no one is above the law and law is supreme. If a crime is committed by a ruler, an emperor, he is as liable to punishment for it as the meanest and commonest of his subjects." As a precedent, one Cairo expert notes...
Once the Ayatullah had come into power, the Carter Administration adopted what it felt was a moderate and cooperative course of action toward the new regime, maintaining food sales and supplying spare parts for military equipment. There are those who fault this policy not only with the traditionalist argument that we were kowtowing to rebels, but also on the ground that we were again misunderstanding Iranian society. Says Sepehr Zabith, a research associate at the Institutes of International Studies at the University of California at Berkeley: "Each of the measures of accommodation that the U.S. took was viewed in Iran...
...growing OPEC feeling that it is smarter to cut production and leave the oil in the ground where it is safe than to turn it into dollars or other paper assets that can be seized. Confidence in the international monetary system was shaky enough before last week's action. Since 1973, the nearly tenfold increase in oil prices has sent an estimated $150 billion cascading into OPEC's coffers. The resulting deficits of the oil-dependent nations have soared, forcing countries to borrow heavily just to pay for their oil imports...
...Because distinguishing between the two kinds of bribery is difficult, the department will urge firms to submit details of a questionable transaction to Government lawyers for analysis. The Justice Department promises that the information will be kept secret and that businessmen will receive the department's probable "enforcement action" within 60 days...