Word: gulf
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Dates: during 2000-2009
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Like many exiled writers from the contemporary Arab world (Palestinian poet Mahmoud Darwish, Syrian poet Adonis), an elusive homeland has always been on Sinan Antoon's mind. Antoon left Baghdad in 1991 after the first Gulf War to study in the U.S. Now an associate professor of Arab-Islamic culture at New York University, he returned to his bedeviled hometown for the first time in the spring of 2003, to co-direct the anguished documentary About Baghdad, following the American-led invasion and occupation of Iraq...
...objectives of the Cole's attackers were equally clear in their minds: Drive the United States out of the Arab peninsula, bring down the American puppets in the Gulf - the Saudi royal family - and create an Islamic caliphate that would truly protect the two holy places, Mecca and Medina...
Such skills will come in handy elsewhere, too. The group plans to build on its presence in key deepwater areas from the Gulf of Mexico to Angola, Statoil's largest production site outside Norway. The expected result: while just 14% of the combined firms' output would have been outside Norway in 2006, that figure will rise to 25% in 2009, forecasts Carnegie's Olaisen...
Through its agreements with nations in the region, the U.S. military has steadily built up its presence in the Persian Gulf over the decades as it has faced foes such as Saddam Hussein's Iraq and, these days, Mahmoud Ahmadinejad's Iran. The United Arab Emirates, for example, signed a bilateral defense pact with the United States in 1994. The terms of that agreement remain classified, but the presence of U.S. forces in this corner of the Middle East is hardly a secret. About 1,800 U.S. military personnel, mostly with the Air Force, live on military bases here...
...with hundreds of billions of dollars that they don't know what to do with. Up to now they've been content to recycle most of them by buying Treasury bills and other U.S. securities. The U.S. has enjoyed the low interest rates that have resulted, while China, the gulf states and Japan haven't wanted to face the consequence that by selling dollars, they would decrease the value of their remaining dollar holdings...