Word: kuwaitis
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...Government source, TIME learned, Young "walked right into" the espionage network Israel maintains in New York to keep watch on the Palestinians. "The Israelis have staked out the Arabs around the U.N. with bugs, taps and surveillance," said the source. Israeli agents thus followed Terzi to the Kuwaiti residence and watched Young arrive. What went on inside the town house, said the American source, was picked up by clandestine Israeli recording devices that had been planted some time before. (A senior Israeli source gave a slightly different version, saying that Israel obtained details of the Young-Terzi talk not from...
...production by 1 million barrels a day in early July on a three-month basis, thereby easing the shortage that had led to gas lines in May and June in the U.S 2) The P.L.O. had seemingly adopted a far more moderate policy line than it usually takes. 3)Kuwaiti diplomats at the U.N. proposed a draft resolution that would, in effect, tie Israel's right to exist, as implied in Resolution 242, with international recognition of the Palestinians' right to self-determination. Through this ingenious strategy, so the hypothesis went, the moderate Arabs were gently nudging...
Officials in Cairo insist that the country will weather the boycott. To counter the possible withdrawal of Saudi and Kuwaiti petrodollars, for example, the Central Bank reportedly will refuse to pay up. To rescue at least some of the A.O.I, arms contracts, Cairo hoped to go ahead with independent Egyptian production of military Jeeps designed by American Motors and Swingfire antitank missiles manufactured under British license...
...Although the Wahhabi leaders have close links to the royal family, there is a small Islamic movement that is critical of the debauchery of spoiled princelings on their sojourns outside the country and that challenges the dynasty's claim to be the sole spokesman for Islam. Tapes by a Kuwaiti scholar, Dr. Abdullah Nafisi, attacking the Saudi rulers and heralding Khomeini as the "real Muslim," sell for $200 on the black market in Jiddah...
Soon after nationalization, the OPEC countries realized they could not compete against the Sisters' global distribution networks; the prospects of Kuwaiti refineries in Rotterdam and Saudi gas stations in Illinois evaporated quickly. Indeed, those countries that had their national oil companies sell crude directly to the world market were usually disappointed with the prices they got and the quantities they moved. So the OPEC countries have negotiated pacts under which the Sisters continue to pump the oil, for a fee, take a guaranteed share for themselves, and buy most of the rest at a fixed price...