Word: gaddafi
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...true that many Palestinians prefer the radical governments of Syria and Libya over those of moderate Arab leaders. This attitude gained ground because the moderate King Hussein did not help the Palestinians when he had the chance in 1973, while Syria's Assad and Libya's Gaddafi have always been willing to aid the P.L.O...
...change in the Iraqi leadership would be welcomed not only by Saddam's domestic rivals but by another enemy, Syrian President Hafez Assad, and by Libyan Leader Muammar Gaddafi, both of whom enjoy Soviet backing and have helped Iran in the war. But Saddam Hussein's fall would cause great concern in the capitals of moderate Arab states, notably Egypt, Saudi Arabia and Jordan, which have been supporting Iraq. In consequence, the U.S. is also concerned. In a speech devoted entirely to Middle East policy, Secretary of State Alexander Haig told the Chicago Council on Foreign Relations last...
...member like Libya, which needs cash to underwrite the grandiose political ambitions of Colonel Muammar Gaddafi, could be tempted to do just that. Libya's production has been about 20% below...
OPEC itself is in disarray. Iran and Iraq, for example, have been waging a war of attrition for 18 months, and Iran two weeks ago reduced its oil price by $2 per bbl. to increase sales, raise money and pay for the fighting. Libya's leader Muammar Gaddafi last week let off a tirade against the U.S. and Saudi Arabia, which he accused of producing too much oil and driving down prices. He said that the oil producers now face an "economic blockade" ordered by America and executed by Saudi Arabia. Production by the 13 members of OPEC...
Ever since the Reagan Administration marked Libyan Leader Muammar Gaddafi as a foremost enemy, the U.S. pur chase of Libyan oil has seemed strangely inconsistent. Oil is virtually Libya's only source of wealth, and the radical strong man has been using profits to train terror ists. One consideration was that some 2,500 Americans in Libya could have been seized by Gaddafi, creating an Iran-style hostage crisis...