Word: algerias
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Dates: during 1960-1969
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...Colonel Houari Boumedi enne's first acts after he seized power in June was to denounce the schemes for Pan-African subversion, which had been so dear to his predecessor, Ah med Ben Bella - and which had proved so costly to Algeria. The gaunt new Premier has ended the fat subsidies handed out to the 22 foreign revolutionary movements based in Algiers, ordered exiles to stop their political activities or leave the country. As if to prove his good intentions last week, the government newspaper El Moudja-hid published long front-page tributes to Upper Volta and the Ivory...
...assassination of Moderate Premier Pierre Ngendandumwe. During a recent visit to Tanzania, Chou Enlai ineptly pronounced Africa today was "exceedingly favorable" for revolution-which to incensed African leaders suggested that Peking was plotting their own downfall. Russia and China both had to write off major investments in Algeria's Ahmed ben Bella, who managed to woo Moscow and Peking simultaneously before his precipitate ouster last June. Still, as the Russians proved when they sent arms to the Congo rebels, both Moscow and Peking continually attempt to influence students, intellectuals, officials...
Then Randal got a break. The Paris bureau telephoned with the news that Algeria's Ben Bella had been overthrown and that Randal, who recently completed a three-year stint in that area, was needed to cover the story. After hurried apologies to his host, he caught the next plane to Algiers. When he got back to the Chagall story two weeks later, Randal found the old painter most impressed that this young reporter who was interviewing him also rushed out to cover coups. Chagall demanded a complete, firsthand account of the situation in Algeria. Suddenly, Randal...
Monopolizing the Desert. The two governments plan to form a "cooperative association"; that will monopolize future oil and gas exploitation. Foreign companies already in Algeria-including Royal Dutch Shell, British Petroleum and Jersey Standard-will be allowed to stay, but will have their taxes substantially increased. The tax changes alone are expected to swell Algeria's oil revenues from $72 million in 1964 to as much as $120 million...
...Gaulle's goal of independence from the Anglo-American oil companies. By paying francs for oil from the only major source within the franc zone, France will also save $280 million a year in foreign exchange. Perhaps most important, the agreement is a long step toward returning Algeria politically-as well as financially-to France's sphere of influence. It also serves to strengthen French prestige throughout Africa and to frustrate the economic ambitions of Russia and Red China in left-leaning Algeria...