Word: arabia
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Dates: during 1980-1989
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There was no compromise. The Senate had fervently hoped for some modification of the Administration's plan to sell five Airborne Warning and Control System (AWACS) jets to Saudi Arabia, some face-saving deal that would give the U.S. more control over use of the sophisticated radar planes. Yet Ronald Reagan decided last week to place his presidential power and prestige behind a proposal that most members had already declared unacceptable. "I have proposed this sale because it significantly enhances our own vital national security interests in the Middle East," he said at a news conference a few hours...
...Democratic Club has planned a panel discussion on abortion and a paper protesting the sale of AWACs to Saudi Arabia and the proposed MX missile and B-1 bomber...
WASHINGTON--The Reagan administration pressed the Senate's Republican majority with some success yesterday to reverse the congressional tide against his $8.5 billion arms sale to Saudia Arabia...
...Treasury has refused to release a country-by-country breakdown of OPEC investments in the U.S. since 1974, when then Secretary of the Treasury William Simon agreed to the request by Saudi Arabia and Kuwait for confidentiality in exchange for substantial increases in their purchases of U.S. Government securities...
...Treasury Department has detected less than one-third of the holdings of the OPEC nations in the U.S. Many moneymen believe that large OPEC funds are funneled into the U.S. through third parties and foreign syndicates. Mizrahi's tally for just three OPEC investors: $100 billion from Saudi Arabia, $55 billion from Kuwait and $45 billion from the United Arab Emirates...