Word: billiondollar
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Dates: during 1954-1954
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Hoover Jr., found a happy solution. Last week's pact in effect recognizes the transfer of full title of the British-built billiondollar industry to the Iranian government, at a cost to Iran that is a fraction of its real value. This should mollify Iranian nationalists. For giant Abadan, the world's largest refinery, and its huge network of affiliated production facilities, the Iranians will pay Anglo-Iranian a mere $70 million in compensation...
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