Word: kuwait
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
PARIS, Sept. 5, 1973 Five Arab terrorists break into the Saudi embassy and seize 13 hostages, demanding release of a Fatah leader imprisoned in Jordan. They release some hostages but take four others with them to Kuwait, where the terrorists surrender hostages and themselves two days later...
...Chase Manhattan and Citibank, West Germany's Dresdner and Britain's Barclay perform two vital and interrelated functions. Operating largely from London's money center, the big financial institutions have first of all provided a safe and secure place for Croesus-rich oil exporters, particularly Kuwait, the United Arab Emirates and Saudi Arabia, to park their unspent petro-profits, which by now amount to over $90 billion. The security and peace of mind that comes from feeling that their money is safe in these banks have been crucial factors in encouraging oil sheiks to go on pumping...
...Germanic accent-appeared in Piraeus, Greece, to hire a crew capable of working a supertanker. The load was to be 194,000 tons of Kuwaiti oil, to be delivered in Genoa to an independent Italian oil company, Pontoil. On Nov. 30, the ship-Soudan's Salem-sailed for Kuwait and picked up the crude. After four days at sea, however, the cargo was sold to Shell in a normal spot-market transaction. Shell kept Genoa as the point of delivery...
...fear that conservative Middle Eastern governments are experiencing because of Iran and Afghanistan may or may not give the U.S. much respite. Dependent on the U.S. for security, countries like Saudi Arabia and Kuwait may press the U.S. less vigorously to respect Palestinian rights in the resolution of the Arab-Israeli conflict, and may even respond positively to U.S. persuasion to finance with petrodollars the defense-spending of "like-minded" regimes in the area (e.g. Pakistan). On the other hand, as the Arab royal families are perfectly aware, failure to press for Palestinian rights in peace negotiations and closer association...
...West Bank and Gaza. With only four months left before expiration of the May deadline for a Palestinian autonomy plan, which Cairo and Jerusalem accepted in principle at Camp David, the Carter Administration has been anxious to speed up the pace of the negotiations. Reason: Saudi Arabia, Kuwait and the United Arab Emirates regard the Israeli occupation of the West Bank and Gaza as a more troublesome source of Middle East instability than Soviet expansionism...