Word: gulf
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Dates: during 1980-1989
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...year-old gulf conflict dragged on, military observers noted a strategic anomaly. Despite clear advantages in weaponry and training, the Iraqis have thus far been unwilling to commit troops decisively on the front to dislodge the Ayatullah Ruhollah Khomeini's fanatical Revolutionary Guards. Said Pentagon Spokesman Robert Sims: "The battle for Basra is becoming one of the largest battles of this lengthy...
...army has made small gains south of Fish Lake, a 120- sq.-mi. area flooded by the Iraqis as a defensive barrier. Iran has also made incremental progress southeast of Basra in the marshy terrain along the Shatt al Arab, a strategic waterway that affords access to the Persian Gulf. The new toehold has enabled the Iranians to bombard Basra from closer range...
Winter is the killing season in the swamps around the Persian Gulf. It is then that Iran, knowing the heavy rains will blunt the firepower of Iraq's tanks and air force, can most effectively launch its "human wave" assaults against the Iraqi marshlands. For months now, as it has for several winters past, the government of Ayatullah Ruhollah Khomeini has been threatening to launch a "final offensive" against the Iraqis before the beginning of the Persian new year on March...
...arms sales to Iran. "I don't want to argue whether this was in fact a swap of arms for hostages," a Reagan aide told reporters. He insisted the documents showed that the weapons deal "was part of a much broader initiative that would help stabilize the (Persian Gulf) region...
...that price, the USX takeover would have been the second most expensive in U.S. history, ranking behind only the $13.2 billion acquisition of Gulf Oil by Standard Oil of California in 1984. But Drexel Burnham Lambert, Icahn's investment bankers, apparently could not raise all the money needed. Some Wall Street observers speculated that Drexel Burnham's ability to finance takeovers has been somewhat hampered by the fact that it has been subpoenaed in the widening Securities and Exchange Commission investigation into illegal insider trading...