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Usage:

...money marts, but when a country's currency is in strong demand for no apparent reason, it is often a signal to the shrewd Lebanese experts that someone is buying it up to send back home in order to finance a coup. Example: just before Abdul Karim Kassem took power in Iraq in 1958, the Iraqi dinar's price moved up sharply. The traffic goes the other way too: when the rich in a particular country get worried about impending trouble (for instance, before Nasser started nationalizing), they are apt to move their money to Lebanon, ready...

Author: /time Magazine | Title: Middle East: The Money Watchers | 1/8/1965 | See Source »

Iraq, said President Abdul Salam Aref, "is a factor for the production of coups d'état." Aref should know: he himself seized power last November, ousting the Baathist regime of Premier Hassan Bakr which had itself over thrown Dictator Kassem last year...

Author: /time Magazine | Title: Iraq: The Plot That Failed | 10/2/1964 | See Source »

Enemies of the Kurds have always had a hard time of it, from Xenophon and his ten thousand Greeks in 400 B.C., through Persians, Mongols, Turks, Crusaders, Arabs and British, up to this year, when the regime of Iraq's Karim Kassem was bled white by the effort to crush one more uprising of the ever-rebellious Kurds...

Author: /time Magazine | Title: Iraq: The Men of the Mountains | 5/31/1963 | See Source »

Deep Strike. In Baghdad last week, the new Iraqi regime that deposed and killed Kassem in February finally faced up to the issue of peace or continued war with the Kurdish leader, Mustafa Barzani. "The very day of the revolt against Kassem," said an angry Kurdish rebel, "the new Iraqi Revolutionary Command called for Kurdish support. With the revolution, the Iraqi armed forces were totally disorganized, and we could easily have struck deep into Iraq. Instead we accepted their promises and held our fire...

Author: /time Magazine | Title: Iraq: The Men of the Mountains | 5/31/1963 | See Source »

When rumors of a pro-Nasser army coup last week swept the volatile Syrian capital of Damascus, Baath acted. More than 100 army officers were dismissed or clapped in jail. In retaliation, all six Nasserite ministers handed in their resignations. Deputy Premier Nihad El-Kassem, who had led a Syrian unity delegation to Cairo last March and had sobbed with joy on Nasser's shoulder, cried, "We are giving up our responsibilities because we have not been given the means to carry them...

Author: /time Magazine | Title: Middle East: Shifting Fortunes | 5/10/1963 | See Source »

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