Word: kuwait
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Dates: during 1970-1979
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...Jordan and dismembering Syria and Lebanon into several small states which will be ruled with the help of minorities. In such a situation the oil states will become very afraid and they will ask the United States to save them. The United States will rush--by invitation--to save Kuwait and perhaps other places, and once you 'save' them you will continue to 'save' them for a long time," he predicted...
...exception. A worldwide glut has developed as new supplies from the North Sea, Alaska and Mexico supplement oil from the Middle East and South America -at a time when the shaky world economic recovery cannot absorb all of it. One result: price shaving by most of the big producers. Kuwait, Iran and Saudi Arabia are all offering slight discounts of 100 to 300 off the price (about $13 per bbl.) of their heavy-grade oil, the kind that is refined to heat homes and factories...
...first cases were reported in Syria and were followed quickly by others in Lebanon, Jordan, Kuwait, Saudi Arabia and Iran. By last week, almost the entire Middle East was in the grip or under the threat of an ancient and dreaded scourge: cholera. Thousands of cases and scores of deaths were registered, but the official figures in several countries were deliberately understated-for reasons of national pride, trade and tourism. Says Dr. Reinhard Lindner, a World Health Organization (WHO) communicable disease expert: "Cholera is the hush-hush disease of our time. It bears the stigma of dirt and ignorance...
...Eritreans today are also supported by most of the other Arab states-Syria, Saudi Arabia, Egypt, Iraq and Kuwait. The Arabs have always tended to favor the Eritreans over the Ethiopians because they wanted the region to be Arab-oriented. Today the Arab states support Eritrea for an additional reason: the Soviets support Eritrea's enemy, Ethiopia. The Arabs are anxious that the Horn of Africa should not become a Russian zone of influence...
...surge in lending has been spurred by the vast balance of payments surpluses piled up by members of the OPEC oil cartel. In particular, Saudi Arabia, Kuwait and the United Arab Emirates have been unable to spend their new-found wealth fast enough, and they have deposited enormous sums in such major U.S. banks as Citibank, Chase Manhattan, Morgan Guaranty and Bank of America. Triffin reports that "at the end of last year, general monetary liabilities of the U.S.-including foreign deposits in U.S. banks and their overseas branches, as well as Treasury obligations purchased by foreigners -amounted...