Word: british-american
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...twofold. For one thing, Washington refuses to support his claim that the entire Persian Gulf-including the oil-rich island of Bahrain, an independent sheikdom that is one of the U.S.'s few remaining friends in the Arab world-belongs to Iran. For another, the British-American Consortium that operates Iran's own enormous oilfields refuses to bow to his demands to double production (now a record 130 million tons a year) in the next five years to finance his national-development program. The Shah is not at all impressed by consortium claims that the world...
Holland's huge Philips' Gloeilampen-fabrieken is returning to Indonesia and investing $6,000,000 in a joint venture with the government. British-American Tobacco will operate a cigarette factory in Djakarta, while Belgium's Faroka will make cigarettes in Malang. Scores of smaller ventures from candy to pearl culture have signed up. "The important thing," says Sediono, "is getting the first company to come in. Then competitors want to follow. For example, Philips' of Holland came in and now Siemens of Germany is interested...
...sailing only occasionally and then just for fun. When he finally did return to competition in 1949, Bus did it with a broadside: he skippered a 33-ft. International One-Design sloop to victory in the Amorita Cup in Bermuda, then sailed a 6-meter to victory in the British-American Cup at the Isle of Wight. As the song goes, it was a very good year: at a Manhattan cocktail party that September, he met Patricia Ryan, a pretty, dark-haired public relations assistant. "Neither of us ever had another date with anyone else-as far as I know...
...deepening economic chill, Britain has been swept with merger fever. Over the past few months, major deals have been made in aircraft and steel. Others are afoot in chemicals, electronics, autos and oil. But when the giant London-based British-American Tobacco Co. Ltd., joined in with a bid for Yardley & Co. Ltd., one of Britain's biggest and best-known perfume and cosmetics makers, all it got was a lather of dissent...
...they can be found on every continent. Frank Rizzo, 60, found his niche in Tokyo, where he now inspects and certifies Japanese imports and exports to protect buyers and sellers against future damage claims. George T. Parham, 62, left North Carolina for Southern Rhodesia as a leaf buyer for British-American Tobacco, stayed on to establish one of the world's largest tobacco auctions. Ex-Navyman Phillip Gordon, 44, arrived in Southern Rhodesia with a Jeep and $500 in 1949, is now one of the wealthiest men in British Central Africa; he has built two housing developments, owns...