Word: iranians
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Dates: during 1970-1979
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...former Iranian leader left Iran in the face of protest that was threatening a government of which he was in control. If he had stayed and fought, an inevitable civil war would have ensued, leaving great human and material destruction. The Shah's departure saved more than his own neck...
This was Jimmy Carter, President, leading the U.S. in a way that, until the Iranian crisis erupted in November, the former Governor of Georgia had not managed in his three years in the White House. Through those first thousand days, Carter had stumbled and tripped, scored some victories, but lost his way many times. Under his Administration, the economy had worsened, with inflation moving to levels higher than any since the end of World War II and with the threat of a serious recession growing more real each week...
...three networks found the conditions unacceptable. They continued bargaining, but only NBC was able to work out a deal: a taped interview in prime time using an Iranian camera crew and resident NBC Correspondents Fred Francis and George Lewis. A student spokesman who called herself Mary would make unedited opening and closing statements, but the newsmen did not have to clear their questions in advance. Said Tehran Bureau Chief Walter Millis: "That way we could control the interview, and if it really went off the wall, we could kill...
Some of the ex-hostages of 1977 still suffer from panic attacks and phobias connected with their relatively brief ordeal. Lillian Shevitz of B'nai B'rith says the Iranian crisis has triggered an overwhelming depression by bringing up painful memories of the Hanafi takeover. That pain, she says, "will be with us a long, long time...
...Western banks and international aid authorities have surged to a dangerously high $300 billion, and are expected to rise some $60 billion next year. The LDCs may be about to run out of credit to cover their bare requirements. Bankers are becoming increasingly cautious now that payments on their Iranian loans are in question, and they are under pressure to diversify their lending...