Word: aramco
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...FEBRUARY 12, The Crimson published an advertisement by the American Arabian Oil Company (Aramco), offering work opportunities for engineers in Saudi Arabia. Although the advertisement was scheduled to appear again in the February 19 issue of The Crimson, at a meeting last week, staff members voted to withdraw it. The Aramco ad will not reappear...
...last paragraph of the ad invited readers to submit resumes to Aramco, "if you're qualified." In the course of the investigations of the Senate Subcommittee on Multinational Corporations in March 1975, it became clear that the Saudi Arabian government enforces a restrictive anti-Jewish policy with regard to entrance visas. In addition to participating in a blacklist of countries doing business with Israel, the Saudi Arabian government has also required that corporations and government agencies entering into agreements with it not employ Jews for projects inside that country. At least four corporations and two government agencies are known...
...Aramco controls the concessionary rights to approximately one trillion dollars worth of Saudi Arabian oil. At present, Standard Oil of California, Texaco and Exxon each control 22.5 per cent of the company, while Mobile holds 7.5 per cent and the Saudi Arabian government controls the remaining 25 per cent of the shares. An agreement has been reached to give the government 51 per cent control by 1982, but there is pressure to reach that level even sooner, and Aramco's cooperation in managing the 1973 oil embargo leaves little doubt as to who is calling the shots...
...Saudi government withdrew from an agreement with Johns Hopkins University to establish a medical school in Saudi Arabia when Hopkins submitted a list of site committee members that included the name of a Jewish physician. It's reasonable to assume that the phrase "if you're qualified" in the Aramco ad means, among other things, "if you're not Jewish...
Regardless of how the legal issue is resolved, it is morally wrong for any corporation or government agency to acquiesce in racism. The decision to withdraw the Aramco ad was based on this premise...