Word: arabia
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Dates: during 1980-1989
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...after Israel shot down two of its helicopters. Moreover, Habib was believed to be trying to devise a broader peace plan to eliminate the bloodletting that periodically tears at Lebanon's own internal politics. One reason he may have decided to interrupt his shuttle was to give Saudi Arabia time to arrange an Arab initiative to settle the crisis. As a U.S. official put it, "The Syrians don't want to be seen accepting suggestions from the Americans...
...close of the two-day gathering asserted that a "majority" of the organization's members had agreed to a 10% production cut along with a price freeze in the range of $36 to $41 per bbl. until January, the agreement had no practical effect. Neither Saudi Arabia, OPEC's largest single producer, which accounts for more than 40% of the group's daily output, nor Iran and Iraq, two of the other major suppliers, agreed to the production-cutting provision. All the cuts will have to be carried out by the smaller producers, which are more...
Though the oil ministers did much rhetorical waltzing during the two-day session, they were never able to break the deadlock that has for months gripped the cartel. Saudi Arabia has been pushing for pricing moderation against a group of price hard-liners led by Libya, Algeria, Iran and Iraq. Throughout the conference, Saudi Arabia's petroleum minister, Sheik Ahmed Zaki Yamani, offered to raise the price of Saudi crude, now selling for as little as $32 per bbl., to perhaps $34. In return, the Saudi negotiator insisted that the price hawks cut their prices from...
...time being, against the potential risks of turning knowledge into dollars in the commercial world. But members of the University community have been using their particular expertise to make a buck for several years. In 1974, when harvard rejected participation in a public works project in Saudi Arabia because the government wanted to exclude Jewish emplyees, for example, two professors went ahead to consult on their own with the Saudis. While the Ptashne affair dealt directly with the question of University involvement with the outside world, it resulted in refocusing attention on outside activities of individual professors...
...Middle East--the volatile treasure island of the world's energy--continues to edge close to open confrontation. The Reagan administration has demonstrated its foolhardy policy of confrontation in its sale of high-technology airplanes to Saudi Arabia. The planes--certainly not needed by the Saudis by any stretch of the imagination--are meant as a demonstration of American "resolve"; a characteristically ill-conceived expression of the Reagan doctrine. The sale needlessly antagonizes a valued ally, Israel; does not help the Saudi government or its people; and demonstrates the ever-present problems of our dependence on Arab...