Word: hushang
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...corporations, constantly vie with private industry for talent. Universities have room for only one of every ten hopeful students who apply. The Shah's immediate circle of advisers is also surprisingly small. Among them are Premier Hoveida, 54, a dapper man who has held his job nine years; Hushang Ansary, 46, Minister of Economic Affairs and Finance; Amir Assadullah Alam, 55, who acts as the sovereign's right hand as minister of the court; and Jamshid Amuzegar, 51, who until recently served as the Shah's voice and goad at OPEC meetings. Amuzegar last April was shifted...
...Shah. To encourage more foreign-capital inflows, the Iranians announced that private investors will henceforth be allowed to own majority stakes in joint ventures with the government, and that special export subsidies will be granted for products that they make in Iran and ship abroad. Said Economics Minister Hushang Ansary: "We will give investors ample opportunity to get wealthy...