Word: hoveida
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Dates: during 1960-1969
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...Party an overwhelming majority of the seats. The Shah, in fact, makes little pretense of being a democrat. "For 2,500 years," he says, "we have had a monarchical system, which implies a certain amount of imposed authority." His word is law, and he keeps his Prime Minister, Amirabass Hoveida, 48, working 15 hours a day making sure that his orders are carried out. The press is controlled, and all public criticism of the Shah is forbidden...
...million to $2,900,000 last year. And, last December, President Johnson's Cabinet Committee on Balance of Payments-which sets guidelines for the "voluntary" program limiting direct U.S. investment abroad -declared that Iran was now a "developed nation." Far from feeling complimented, the Shah and Amir Abass Hoveida, his Prime Minister and chief economic planner, took the declaration as an affront; it made Iran for the first time subject to the guidelines...
Iranians see the U.S. action as a threat to the continued influx of dollars, to the completion of their development plan, and to their foreign-exchange position. "Balance of payments simply isn't that important," says Hoveida. "For a very small capital saving, the U.S. is badly damaging Iran's chances to develop." U.S. officials have privately explained to the irate Iranians that the move was aimed at big-spending American oil companies. Other U.S. firms, they point out, are being encouraged to go ahead with plans for investment in Iran...
...replace the murdered Premier, the Shah appointed Mansur's boyhood friend and chief aide, Finance Minister Amirabass Hoveida, 45. Trained as a political economist and career diplomat, Hoveida also served briefly as chairman of the National Iranian Oil Co. He will probably need all his financial experience; despite mounting oil revenues, Iran faces a growing fiscal squeeze aggravated by the high cost of public works and industrialization projects, last year's drought and declining U.S. aid. New Premier Hoveida took up his complex tasks with the promise that "except for the sad absence of Mansur, nothing is changed...