Word: kuwaitis
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Kuwait and Iraq were engaged in border skirmishes last week over a stretch of Kuwaiti oil land that Iraq claims as its own; in fact, the Iraqis claim all of Kuwait, not only for its oil but also for its wider access to the Persian Gulf. Both Jordan's King Hussein and Sudan's President Jaafar Numeiry were troubled by the Palestinian Black September terrorists in their jails: Hussein decided to commute the death sentences of 16 guerrillas but to hold them in prison, while Numeiry proceeded with plans to try eight Black Septembrists for the murder...
...complaint was that the King had acted unilaterally to solve what Arabs consider their common problem. His proposal, the Kuwaiti Cabinet declared, "does not have the approval of the Arab nation." Arabs also thought that the King would sell out to Israel by making an easy peace in order to retrieve territory he lost in the 1967 war. Hussein called another press conference to stress that the United Arab Kingdom would not be created until Israel returned to Jordan the West Bank and the Arab sector of Jerusalem. Meanwhile Israeli officials, after displaying initial public scorn for Hussein...
...Cabinet under Lebanese Prime Minister Rashid Karami fired a committee that was irreconcilably split over whether to salvage or liquidate the bank, named another that dickered with Kid der, Peabody. The key to the rescue deal was winning the consent of Intra's major creditors, notably that of Kuwaiti Prime Minister Jaber al Ahmed as Sabah, whose countrymen had the largest stake ($40 million) in the bank. Kuwaitis will own some 35% of the stock to be issued by the new organization, the Lebanese government 25%, Qatar sheiks 7%, Lebanese depositors most of the balance. U.S. taxpayers also stand...
...Arabian Peninsula, the passionate nomads and born makers of creeds, whom T. E. Lawrence called "people of primary colors." Today one can hardly define an Arab; the name spans a racial rainbow. "Arabs" may be squat Lebanese, tall Saudis, white Syrians or grape-black Sudanese. They include dollar-dizzy Kuwaiti, secretive Druzes, Gallicized Algerians and Christian Copts. Only about 10% are nomads, while most live in villages and cities (some very big: Baghdad, 2,200,000; Cairo, 4,200,000). Egypt is the Arab "capital," which fielded the largest army against Israel. But Egyptians were not originally Arabs, although they...
...lately made Europe a more profitable haven for cash. Also, Intra became involved in the bitter feud between Egypt's Gamal Abdel Nasser and Saudi Arabia's King Feisal, leader of the Middle East's conservatives. When Nasser-financed newspapers in Lebanon attacked Feisal, Saudi and Kuwaiti sheiks yanked $30 million out of Intra in one month. On top of that, Lebanon's three-year-old central bank fumbled its chance to prevent the crisis. Asked to help Intra, the bank stalled, then offered only feeble sums in aid, finally failed to advance promised cash...