Word: gulf
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Dates: during 1950-1959
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...Iraq has its geographical unity, its great river valley, and after three generations under a British-created monarch, its own political and economic institutions. Above all, it has oil. Among Arab states, Egypt and Syria lack the oil-creating wealth, Saudi Arabia and the Persian Gulf sheikdoms the economy that can absorb it. Iraq, alone of all Arab nations, has both, and on the wave of its oil royalties it has launched an ambitious program of economic development that is transforming the political balances of the region...
Since 1950, with the help of foreign experts (a U.S. and a British economist are full members of the board), Iraq's unique agency has built, started or planned 16 dams between the snow-veined mountains of Kurdistan and the steaming shores of the Persian Gulf. It has completed two great barrages that this year caught the flood waters of the Tigris and Euphrates and led them into new $30 million lakes at Wadi Tharthar and Habbaniya. Downstream its contractors are digging drainage ditches and scooping silt from the ancient Babylonian water-distribution canals, now scheduled to be used...
Remarkable Restraint. One point of current diplomacy that impressed Humphrey: when Nasser spoke of Israel, he seemed remarkably restrained. Possibly he was feeling his way toward some face-saving way of settling the problems of Suez and the Gulf of Aqaba. Humphrey's final reassurance on behalf of the U.S.: "We don't want a grain of sand from your deserts, a stone from your pyramids, or a drop of water from your canal. We don't even want your gratitude. All we want is peace...
Past the mint-and custard-colored roofs of Pnompenh's lacquered palaces, a black Lincoln limousine sped south, bound for the rambling Cambodian seaside resort of Kep, 90 miles away by the green waters of the Gulf of Siam. Inside the big car, lonely and unhappy, sat cherub-faced Norodom Sihanouk, who gave up his throne to serve as Premier and had already resigned the premiership three times in less than two years. Behind him in Pnompenh Prince Sihanouk left with his father, King Suramarit, a statement of his intention to resign for the fourth time...
...secret formula for new Ameripol SN synthetic rubber, which is almost same as natural rubber. U.S. says it gave Goodrich more than $1.5 million for synthetic rubber research on condition that discoveries be revealed to all rubber makers. Goodrich claims process was discovered privately by Goodrich-Gulf Chemicals, Inc., in which Goodrich and Gulf Oil Corp. hold 50-50 interest...