Word: libya
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...assumption is that the OPEC cartel will maintain high prices for oil (currently $11.56 per bbl.). Main reason: Saudi Arabia, Libya and Kuwait are cutting production rather than risk the falling prices that would accompany a global oil glut. Though the FEA study considers the theoretical impact of oil prices of $8 and $16 per bbl., it concentrates on the effects of an average price of $13 per bbl. At that level, no alternative sources of energy, not even such highly touted synthetic fuels as shale oil and liquefied coal, can compete with oil, at least...
...nation went along with the U.S. in opposing the resolution. France and Japan joined six Third World nations in voting for it; Britain, Sweden and Italy abstained; Libya and China did not participate...
...Syrian President, of course, may decide to exploit his strength by hurrying to the conference table. After all, he seems to want to strike some bargain with Israel. Moreover, he has never joined the so-called "rejection front" of Libya, Iraq and the Palestinians, who refuse to have anything to do with the Israelis. The choice is now Assad's, and never before has a Syrian decision had so potentially great an impact...
Warring Factions. At the session, Africa's leaders faced the most serious crisis of unity in the O.A.U.'s troubled twelve-year history. Last week Chad, Libya and Niger recognized the M.P.L.A. government; 22 African states-only two short of a majority-have now endorsed the leftist regime headed by Agostinho Neto. So far, no nation has recognized either the F.N.L.A. or its coalition partner, the National Union for the Total Independence of Angola (UNITA), which are actively backed by the U.S., South Africa and Zaïre. The current chairman of the O.A.U., Idi Amin of Uganda...
...Moslem sectors of Beirut, portraits of the late Egyptian President Gamal Abdel Nasser are plastered on hundreds of buildings. No fewer than four separate factions in the Lebanese civil war proudly define themselves as "Nasserite." In Libya, there are almost as many posters of Nasser with his fiery eyes gazing down at the public as there are of the country's mercurial military strongman, Colonel Muammar Gaddafi. Throughout much of the Arab world, in fact, the late Egyptian leader is passionately venerated as a modern prophet -but not, curiously, in his own country...