Word: fahd
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Perhaps more fateful, an actuarial deadline looms. As the assassination of Yitzhak Rabin has shown, personalities count in making peace. Today, many Middle East leaders are old or ailing. Arafat, 69, reportedly has Parkinson's disease; Jordan's King Hussein is ill with cancer; Saudi Arabia's King Fahd is enfeebled; and Syria's Hafez Assad, 68, has heart trouble. Princes are set to take over Saudi Arabia and Jordan, but Syria and the Palestinians have no successors. Whoever they are, the concern is that the next generation may not be nimble or strong enough to keep the peace...
...rich and famous with wall-to-wall flamboyance and fidgety fuss; of cancer; in Oxfordshire, England. Hicks, a sworn enemy of chintz, eschewed the staid flowery prints in favor of eye-popping solids, which he boldly mingled with modern paintings and patterned carpets. Among his chichi clientele: King Fahd and royals Prince Charles and Princess Anne, who became his peers after he married Lady Pamela Mountbatten...
...THREAT With King Fahd of Saudi Arabia laid low by a stroke, day-to-day policy decisions of the world's biggest oil producer are being made by Crown Prince Abdullah--the first future King of Saudi Arabia in recent times who doesn't speak English. "He's more of a nationalist and is seeking better relations with Iran," notes Zonis. Both Iran and Saudi Arabia are trying to figure out how to increase oil revenues. Experts believe they might strike a deal: Iran would cease all terrorist activity in Saudi Arabia; in exchange, the Saudis would work to raise...
...political ambitions. Saudi Arabia is not a happy country. It is experiencing increasing economic and political strains--remember the 1996 bombing of the U.S. Air Force barracks near Dhahran--because of stagnation caused in part by an elderly and autocratic leadership. Although Alwaleed swears complete support for King Fahd and his other uncles, his immense wealth is beginning to give him rising influence on developments affecting the kingdom...
...Oracle chairman Larry Ellison has dropped plans to buy Apple. The billionaire businessman began forming an investment group a month ago to consider an exploratory bid for the company while trying to scare away other potential suitors such as Saudi Prince Al-Walid bin Talal, a nephew of King Fahd who had begun buying up Apple shares. Apple stock finished down 11/16 on the news to close at $17. Industry insiders said Ellison's success in turning Oracle into a $4 billion software powerhouse, whose chief customers were corporations, would not translate to reviving Apple, whose shrinking band of loyal...