Word: brunei
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Dates: during 1990-1999
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Rosovsky, though, was reluctant to conjecture about the mythical Linsky. "It would be more likely 'Harvard-Sultan of Brunei,'" he says...
Fahd's personal wealth, built on a fee levied on every barrel of oil extracted from Saudi land before 1980, is estimated at $18 billion, second only to the wealth of the Sultan of Brunei ($25 billion). He boasts at least 12 royal palaces, ranging from the $2.5 billion Al-Yamamah Palace complex in Riyadh to a "cottage" four times the size of the White House in Marbella, Spain. He owns several jets and yachts, all with gold bathroom faucets; his main yacht, a $60 million craft, is escorted by a vessel that carries Stinger antiaircraft missiles. His fleet...
Many Asian countries, with the exception of Indonesia, China, Malaysia and Brunei, import nearly all their crude. Since they rely almost entirely on export markets to fuel their growth, they remain especially sensitive to the economic well-being of their trading partners. With oil prices rising and the U.S. economy slowing down, traders in the smaller stock markets are looking glum: in Taipei, shares have plummeted 65% from their year-end high, while the Bangkok market has slipped 40% in just two weeks...