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Word: bazaar (lookup in dictionary) (lookup stats)
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...Shah had alienated almost all elements of Iranian society. Westernized intellectuals were infuriated by rampant corruption and repression; workers and peasants by the selective prosperity that raised glittering apartments for the rich while the poor remained in mud hovels; bazaar merchants by the Shah-supported businessmen who monopolized bank credits, supply contracts and imports; the clergy and their pious Muslim followers by the gambling casinos, bars and discothéques that seemed the most visible result of Westernization. (One of the Shah's last prime ministers also stopped annual government subsidies to the mullahs.) Almost everybody hated the police terror...

Author: /time Magazine | Title: Man Of The Year: The Mystic Who Lit The Fires of Hatred | 1/7/1980 | See Source »

...main point to bear in mind is that there is a new era. Iran today is not what it was under the Shah. A miracle has occurred. Under the previous regime, a single policeman could force all merchants in a huge bazaar to hoist flags to mark the Shah's birthday. These very people stood up against tanks and artillery with their bare hands. Even now, they wear burial shrouds, come here [to Qum] and declare their readiness for martyrdom. A nation thus transformed cannot be pushed around. Mr. Carter has not understood this transformation yet. He thinks a dictator...

Author: /time Magazine | Title: Man Of The Year: An Interview with Khomeini | 1/7/1980 | See Source »

Despite such official optimism, it is obvious that many Iranians are very nervous about their future. "In the bazaar, nobody will give anybody credit any more," says Siamak Akha-van, a young businessman who runs his family's steel-importing company from the Tehran bazaar. "The system usually operates on a man's word. These days only cash works." The banks, suffering from a loss of both talented employees and nerve, have curtailed credit. "Most of them don't even have a manager," complains Akhavan, who predicts that "we are going to have to live with...

Author: /time Magazine | Title: Man Of The Year: People Are Scared to Death | 1/7/1980 | See Source »

...members did just that. But after the most fractious meeting in OPEC's history-it was a "bazaar" in the scoffing description of Saudi Arabia's Oil Minister, Ahmed Zaki Yamani-the cartel failed to agree on any uniform price. Instead, each country will fix the cost of its crude. The cartel also failed to set limits on production, as some of its hawks sorely want to do. In fact, the divisions were sharp enough to raise questions about the future of OPEC. While its members' separate price rises will cause immediate pain to the rest...

Author: /time Magazine | Title: Business: OPEC Fails to Make a Fix | 12/31/1979 | See Source »

...days after the referendum, trouble broke out in Qum, where Khomeini, Sharietmadari and most of Iran's top Shi'ite leaders live. Several hundred Khomeini supporters gathered in the bazaar, shouting slogans against Sharietmadari, and then marched on his house. Among them were young men in black shirts, beating themselves with chain flails-the traditional Shi'ite expression of penitence...

Author: /time Magazine | Title: Nation: The Hostages in Danger | 12/17/1979 | See Source »

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