Word: arabism
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Dates: during 1970-1979
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...President knows full well that the Western European countries and Japan, which are more vulnerable than the U.S. to an oil squeeze, have no stomach for challenging OPEC. Mindful of their "special relationship" with the Arab world, the French in particular want to steer clear of anything that smacks of "Arab bashing." Concludes a State Department official: "We are seeking ways to cooperate, not confront...
...Angolan territory in 1978], independent African countries realized that the Russians and Cubans will not be content with Angola. From that point, we started to get substantial support from some African countries, but they can't say it openly, of course. Second, we are getting substantial support from Arab countries. Obviously I can't say which ones...
Iran also remains plagued by separatist problems, which last week centered on the oil-rich province of Khuzistan, whose inhabitants are mostly ethnic Arabs. Last week, in skirmishes between oilworkers and government troops, Arab demonstrators shouted "Death to Khomeini!"-a shocking echo of the epithet that only a few months ago was directed against the Shah. There were also rumblings of discontent in the Kurdish areas of northern Iran. The leader of the Kurds, Sheik Ezzeddin Hossaini, warned that unless the new constitution protects "all the ethnic minority groups in the country," Iran would face a "bloodbath...
...bazaars and once even cried out, "This is one of the happiest days of my life!" In other words, Israeli Foreign Minister Moshe Dayan, 64, behaved like any other tourist on his first trip to Cairo and environs. Visiting, by coincidence, on the twelfth anniversary of the 1967 Arab-Israeli war, Dayan was in town with his wife Rachel to talk to Egyptian officials about opening the borders between their two countries. At one point a storeowner proudly showed him a copy of a pharaonic deity. "It's very nice," said Dayan, an accomplished archaeologist...
Much of the recent buying comes from beyond Europe. Speculators in Turkey have made fabulous profits by hoarding gold as a hedge against their own sharply declining currency. The Arabs remain major buyers, and they like to get gold in 400-ounce bars (now worth about $110,000 each). Germany's Dresdner Bank is rumored to be holding 50 tons of gold for Arab accounts. It was presumably for those customers that the bank scooped up 652,000 of the 750,000 ounces auctioned off last month by the U.S. Treasury...