Word: emirates
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Dates: during 1990-1999
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...secret trial in Abu Dhabi ended with jail terms-- and a $9.13 billion bill--for 12 key figures in the Bank of Credit and Commerce International (B.C.C.I.) scandal. But the bank's two senior officers, who handled huge sums of the emir's fortune until investigators closed the fraudulent operation in 1991, weren't present to help pay up. One of them, 71-year-old founder Aga Hasan Abedi, is now ensconced in his native Pakistan, on good terms with local officials and unlikely to face extradition. "He's the mastermind, and he's sitting up there in Karachi," says...
...George Bush needs a new job soon, he might try peddling hardware. He has already rung up one sale worth perhaps $4 billion. Responding to a letter from the President to the Emir, the Kuwaitis decided to buy 236 U.S.-built Abrams tanks instead of British Challengers. Granted, the circumstances were special. After Desert Storm, perhaps no nation is more anxious to retain American goodwill than Kuwait. And few gestures would win more presidential gratitude than a contract just before the election that will preserve 5,900 jobs in the vote-rich states of Michigan and Ohio...
...member consultative council, and he also codified governmental protections of personal freedoms for 7 million subjects and 5 million foreign residents. Since the edict also affirmed the absolute authority of the monarch, it neither transforms Saudi Arabia into a model democracy nor positions Fahd as a regional pioneer. The Emir of Kuwait, for instance, has made a bolder pledge: to hold parliamentary elections next fall. Nonetheless, Fahd's decree represents a serious step toward including nonroyal voices in policy discussion...
...truly concern itself with the preservation of democracy and opposition to oppression, then decisive action to help the Haitians would achieve these ends more effectively than the restoration of rule to the Al-Sabahs in Kuwait. Unlike Emir Al-Sabah, Aristide was a democratically elected leader, the first ever in Haiti...
...believe the Emir's cautious reforms are enough to ensure Kuwait's future stability. The country's leaders are listening to good advice, says former Planning Minister Sulaiman Mutawa, but it is imperative that they take the initiative in directing youthful energies into national development projects. The postwar period has given Kuwaitis an opportunity to be admired for political enlightenment as well as envied for their immense wealth. The country has done well at restoring its luxurious way of life, but internal tensions and external threats could yet impede full recovery...