Word: libya
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Dates: during 1960-1969
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...ships, which thus equals in number, if not in firepower, the U.S. Sixth Fleet. Such ports as Algeria's Mers-el-Kebir, Egypt's Alexandria and Syria's Latakia are filled with souvenir-shopping Soviet sailors these days. So far, only the oil-rich kingdoms of Libya, Saudi Arabia and the Persian Gulf states have resisted Russia's advances...
...government still has a solid hard currency reserve of $300 million and has been promised $112 million a year to rebuild its economy by oil-rich Saudi Arabia, Kuwait and Libya. So far, there are no plans for rebuilding. "There will be no major development of this economy until our territory is returned," says Minister Nusseibeh. "How can we plan intelligently when we don't know how big Jordan will be?" All of Jordan is thus at a standstill, waiting and hoping that some sort of political settlement can be reached with Israel for the return of the West...
...aftermath of their Khartoum summit meeting, some Arab nations finally began to patch up their quarrels with one another. They also began to deal more rationally with the West. Kuwait, Saudi Arabia and Libya dropped their oil embargo against the U.S. and Britain and reaffirmed their promise to subsidize Egypt and Jordan to the tune of $392 million a year as long as "traces of Israeli aggression" persist. Egypt and Sudan restored landing rights to Britain's BOAC, and Egypt was on the verge of allowing T.W.A. back into Cairo. Even those two archenemies among the Arabs-Egypt...
First Saudi Arabia, then Kuwait, Libya and Iraq-the four major Arab oil-producing states-agreed to resume shipments in keeping with the deal struck two weeks ago by Arab heads of state at their summit session in Khartoum. Another three months of embargo, explained Egyptian Minister of Economy Hassan Abbas Zaki, would cost the West $770 million worth of oil but would deprive the Arab producers of $870 million of income. Only Algeria, the fifth-ranking producer, kept its embargo. And even that involved more symbolism than substance, since the overwhelming percentage of Algerian output goes...
...with the U.S., Britain and West Germany for allegedly supporting Israel during the war, 2) organize a total trade boycott of the three countries, and 3) continue their current oil embargo. Egypt, Iraq and Republican Yemen were in general support. On the right, oil-rich Saudi Arabia, Kuwait and Libya-joined by Jordan, Tunisia and Morocco-insisted on maintaining all ties with the West and scrapping the oil embargo, which was costing each of them $500,000 a day in lost revenues. "It is time for the Arabs to stop blaming the United States for their failures and blame themselves...