Word: kuwait
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Dates: during 1980-1989
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...against my cousin. But I, my brother and my cousin against the outsider." Syria is vastly unpopular within the Arab fold, but last week one Arab state after another condemned the U.S. raid. Saudi Arabia's Foreign Minister, Prince Saud al Faisal, expressed his government's "deep concern," while Kuwait railed against the "flagrant aggression." Even Arafat, who has been practically driven into the sea by Syrian-supported P.L.O. rebels, issued a statement backing Syria against the U.S. "I fully support the Syrian army against the American raids," Arafat told reporters while negotiations continued for his evacuation from Tripoli...
...supplied 25 percent of South Africa's oil. Since 1973, however, South Africa's oil suppliers have been classified. Despite this, the Shipping Research Bureau in Amsterdam, an anti-apartheid research foundation, found out that during 1979 and early 1980 South Africa received oil shipments from Saudi Arabia, Oman, Kuwait, Iraq, Qutar and the United Arab Emirates...
...support in Pravda for the Iraqis, accusing the Iranians of resisting a negotiated settlement. "Tehran's intention to continue the war until 'victory is won' is obviously accompanied by chauvinistic sentiments," said Pravda. In an odd partnership with strongly conservative gulf states such as Saudi Arabia, Kuwait and Oman, the Soviets have begun to pressure their close ally Syria to reduce its support of Iran...
...members of the Gulf Co-operation Council: Saudi Arabia, Kuwait, Bahrain, Qatar, United Arab Emirates and Oman...
Last year's spectacular crash of the Souk al-Manakh, Kuwait's unofficial stock market, has also had a depressing effect. More than $90 billion in debts was outstanding when the wildly speculative market collapsed. While the Kuwaiti government has moved to bail out small investors, losses are still widely felt. "The debacle has cast a terrible shadow over business in the gulf," notes one foreign observer...