Word: mossadegh
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...Shah's reforms have one thing in their favor: Iran has already been through the sort of violent upheaval now shaking most of its neighbors. The Mossadegh turmoil of 1953, with its hate-the-West nationalism and Communist coloring, had a cathartic effect on many young idealists...
...Shah's security forces moved firmly against the remnants of Mossadegh's organization, pushed through the trial and execution of 30 army officers linked with the Communist-run Tudeh Party...
Ever since tear-spouting Premier Mohammed Mossadegh brought his country close to economic ruin in 1951 by nationalizing its oil industry,* Iran has been trying to import as much foreign money and knowledge as possible. Thanks to the Western-minded Shah, Iranian law now offers solid safeguards to foreign investors. The question, after what happened in neighboring Iraq, is whether the politically discontent will wait for long-range economic benefits. Wall Street is making an impressive bet on Iran's peaceful future...
...Mossadegh, now in his 80's and living in his home village of Ahmadabad, is banned forever from holding public office...
...Having personally recruited 700 Free Officers, he led the army revolt overthrowing Farouk, and wielded power through an older, pipe-smoking front man, General Mohammed Naguib, who is now under house arrest. That year Dwight Eisenhower was elected President of the U.S., and Mossadegh, having nationalized Iran's oil, was driving Iran to bankruptcy...