Word: arabized
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Dates: during 1980-1989
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...Peres at the front were told by Israeli soldiers to wear flak jackets. With reason: every day last week there were new reports of violence as Israeli convoys 30 or 40 vehicles long carried south everything from prefabricated sheds to concrete roadblocks. Already land mines and sniper attacks by Arab guerrillas have claimed as many as five Israeli lives. The Israel Defense Forces say that they have killed a like number of terrorists. Shi'ite Muslim Leader Nabih Berri, who is also the Lebanese Cabinet minister responsible for southern Lebanon, vowed that assaults against the Israelis would not cease...
...guaranteed Israel and Egypt comparable amounts of aid, and Egyptian President Hosni Mubarak is due in Washington next month to ask for a boost from the current $2 billion to $3.2 billion. Egypt's parity with Israel is considered an important indicator of American commitment to moderate Arab states, as are proposed U.S. arms sales to those countries. Saudi Arabia is scheduled to buy 40 more American F-15 fighter jets, along with missiles and tanks, a sale the Administration intended to announce during King Fahd's visit to Washington next week. But after Rabin argued that the planes would...
...OPEC barrel of oil by 29 cents, although some grades will drop by more than $1. It was only the second price cut in the organization's 25-year history. The first came in March 1983, when sliding world crude prices forced OPEC to mark down its Arab Light benchmark crude...
Last week's agreement largely settled a long-festering dispute over the price differentials between two major grades of oil, light and heavy. The light-crude producers like the United Arab Emirates needed lower official prices in order to remain competitive with less expensive heavy oil produced by countries like Kuwait and Venezuela. The group also took the symbolic step of abandoning Arab Light as the bench-mark price for all OPEC crude. Arab Light, once the world's most important oil, is now just another grade struggling in a world awash in oil. Admitted OPEC's current chairman, Subroto...
Last week's meeting had hardly got under way when it ran into trouble. Nigerian Oil Minister Tam David-West sparked an uproar by discrediting a report prepared by Mani Said al-Oteiba of the United Arab Emirates. The study came from a committee that attempts to find out which OPEC members are secretly exceeding their quotas or selling at discounts from official prices. Financially strapped Nigeria is one of the suspects. Oteiba stormed out of the conference, telling reporters that David-West "is stabbing OPEC in the back by defying our pricing structure...