Word: arabism
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Dates: during 1980-1989
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...Jacques Servan-Schreiber predicted that American multinational companies like IBM and ITT threatened to turn Western Europe into an economic province. Concern about foreign cash flowing into the U.S. arose briefly in the 1970s, when a weak U.S. dollar and the emerging clout of OPEC prompted fear of an Arab buying spree. By and large, however, the cautious oil sheiks steered their petrodollars into bank accounts and securities portfolios rather than toward the bricks and mortar of U.S. real estate and corporations...
...working with the World Wildlife Fund and the Convention on the International Trade in Endangered Species to pressure countries to ban trade in rhino horn or to enforce existing laws. Experts say that most Zimbabwean horn is smuggled through Zambia and on to distributors in Burundi and the United Arab Emirates. These countries have become targets for conservationists. "We need to expose and destroy the Zambian syndicate that deals in rhino horn," says Glenn Tatham, Zimbabwe's chief warden. "We need to hit the whole trade with an H-bomb, so to speak, of international outrage...
...help Arab allies in the region...
...case. If the Syrians had been angered by Glass's abduction, they were shocked by last month's incident in Saudi Arabia at the holy city of Mecca, where thousands of Iranian Shi'ite pilgrims staged a bloody riot against Saudi authority. This, in turn, caused other Arab leaders to urge Assad to stop supporting Iran in the gulf war -- a step that would cost him his right to buy Iranian oil at heavily discounted prices. According to Syrian diplomats, Damascus has warned Iran against widening the war to include any other Arab states...
Many on Capitol Hill have complained about the apparent unwillingness of the Arab states to aid the U.S. militarily. Though Weinberger refused to divulge the details, he vigorously contended, "We are getting significant and welcome help from a lot of other countries." Weinberger has a point. Bahrain and Saudi Arabia, for example, rushed search and rescue ships to the stricken U.S.S. Stark after an Iraqi fighter plane accidentally attacked the frigate last May, killing 37 men. Several Arab ports in the gulf, including Bahrain and Dubai, permit U.S. Navy ships to make rest-and-relaxation stops; sailors, however, must wear...