Word: kuwaitis
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...have sabotaged the plane, both the government and Mujahedin leaders believed the crash was most likely an accident. Only days earlier, Iran had claimed its "biggest victory" in the year-long border conflict when its forces broke the Iraqi siege of Abadan, a key oil-refining center. Later, the Kuwaiti government protested that Iranian jets had attacked an oil installation in Kuwait. The Iranians denied the charge, but in Washington, Secretary of State Alexander Haig confirmed that U.S.-manned AWACS reconnaissance planes flying above Saudi Arabia had spotted the Iranian fighters as they set off on their mission...
...Sheik Salem Abdullah Al-Ahmed Al-Sabah, Kuwait's director of U.S. investments. "If you do not do it our way," he wrote to the bank in December, "we'll transfer the funds. There are lots of good banks who want a chance to help us." The Kuwaiti government became more disturbed with Citibank when some confidential memos and the lists of its holdings were leaked to Financial Writer Dan Dorfman. In retaliation, Kuwait last month transferred the $4 billion stock portfolio, which earns a $4 million-a-year management fee, from Citibank to Morgan Stanley Asset Management...
...thereby cutting the main roads south from Beirut and isolating such Palestinian strongholds as Nabatiyeh, Tyre and Hasbaya. Then on Friday morning, in their fifth strike within seven days, the Israelis launched their assault on Beirut, hitting not only at Palestinian and Syrian positions near Beirut airport and the Kuwaiti embassy but also at the Shatila refugee camp. On Saturday, as Israeli planes made still another raid on southern Lebanon, Palestinian guerrillas lobbed a few more Katyusha rockets at northern Israel. The Palestinian action was noteworthy less for its scope than for the fact that it occurred so soon after...
...Kuwait has built an impressive investment portfolio, with some $7 billion in the securities of a rich slice of U.S. industry that includes everything from computer companies to energy firms to banks. The Kuwaiti U.S. portfolio is managed chiefly by New York's Citibank, though reportedly Kuwaiti officials have threatened to move some of it elsewhere because of dissatisfaction with the bank's management of their investments...
...plan has been previously reported to involve two parts: 1) up to $4 billion in economic aid to Syria, which would bolster the regime of President Hafez Assad and go far to alleviate Syria's isolation in the Arab world; and 2) the addition of Saudi and perhaps Kuwaiti troops to the Arab Deterrent Force, now all Syrian, that entered Lebanon in 1976 under a peace-keeping mandate from the Arab League. The diversification of troops would assuage charges by right-wing Lebanese Christians that the Syrians have become an occupation army...