Word: kuwait
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Dates: during 1980-1989
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Foreign ministers of the Gulf Cooperation Council, a loose alliance that links Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and Oman, met in Riyadh last week to consider a common plan. At a similar meeting last month, several gulf states had wanted to censure Syria for its support of Iran. The Saudis had argued successfully that Syria should not be isolated, especially since it was the only Arab country in a position to exercise a moderating influence on Iran. Last week Syria's Deputy Foreign Minister, Nasser Qaddour, declared that his country, despite its close ties...
Although tiny Kuwait is one of the nations that have driven up world petroleum prices since 1973, its own citizens have been paying bargain prices for their fuel. Drivers of the country's 500,000 cars could fill their tanks with 90-octane gasoline for 19? per gal., while diesel fuel sold for 7.5?. The state-owned Kuwait National Petroleum Co. sold the products for less than their cost. Last week, however, Kuwait's motorists awoke to find gasoline prices had nearly tripled, to 53? per gal. for the 90-octane blend. Diesel fuel now costs...
...abrupt hikes were the ironic flip side of falling world oil prices. Kuwait's revenues will drop by about $5 billion this year. The government hopes to offset that by charging domestic energy users more at the pump. Of course, Western drivers would be glad to get back to the days when they paid only...
When talk began of a possible invasion, Zghayar wired his wife, who was on a visit to Kuwait, to return home to Lebanon immediately with their three sons. "We Palestinians are all one family, and both in times of great joy and great danger, we believe in being together, and not separated. I have taken all three of my sons to a high point not far from here, where you can look out and see Palestine. I hold them in my arms, and tell them, 'My son, breathe deeply of that air. It is the air of your homeland...
...receives petrodollar funds from Saudi Arabia. Libya and Kuwait which total about $500 million annually--excluding private subsidies to different PLO factions and military equipment. But that does not erase the fact that Palestinians live in camps or that no Arab country wants PLO influence imported. A PLO representative in the group's New York U.N. Mission, who spoke last week on the condition of anonymity, ingenuously acknowledged that the PLO's relations with Egypt. Syria, Lebanon, Jordan, Iraq and Iran are rocky. "We agree on the general end--the establishment of a Palestinian state-but we disagree over...