Word: nationalizes
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Dates: during 1970-1979
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...facts about the Shah's alleged corruption are also difficult to pin down, especially because in Iran, as in other Middle Eastern monarchies, there traditionally has been little distinction drawn between the treasures of the ruler and those of the nation. A lawsuit filed in New York last week on behalf of the revolutionary government accuses the Shah of diverting $20 billion in national assets to his own use, and charges Empress Farah with taking $5 billion. But it offers no evidence and indeed admits that the sums are pretty much a guess. The Shah's own figure...
...Pahlavi Foundation that he was able to track down as of the end of 1977 and that he estimated to be worth $2.8 billion to $3.2 billion. They included total ownership of Bank Omran, one of Iran's largest banks; 80% ownership of Bimeh Melli, the nation's third largest insurance company; and full or partial interests in auto factories (10% of GM Iran), cement plants, sugar mills, housing projects and a string of hotels, including the Tehran Hilton. Indeed, Graham estimates that the Shah, through the foundation, once owned 70% of all the hotel beds in Iran...
...little in Iran but get a glimpse of the hostages, confuse American purpose by suggesting congressional hearings on the Shah and make it more difficult for Carter to convince the world of American resolve. As a nation we come face to face again with this marvelous media machine we have created, which can enlighten so totally and swiftly. It can also complicate and distort these extraordinary situations that now arise all over the globe as power shifts and collides...
...Louisiana has come a long way from the Depression poverty that Long fought-and exploited. If the state has the highest illiteracy rate in the nation, it ranks with Texas as a leading producer of gas and oil. A burgeoning middle class has produced conservative politics. Republicans are still vastly outnumbered by Democrats, 1.7 million to 81,000, but the G.O.P. is making rapid gains, and many of the state's Democrats are so conservative that they act, and vote, like Republicans. Three of the state's eight Congressmen are now Republicans, and a fourth Republican missed being...
Despite all the lurid stories, China's crime rate is probably lower than that in most Western nations. Some observers suspect that the new campaign against crime is part of a broader movement to restore law-and-order that also includes the recent crackdown on China's tiny dissident movement. Last week Vice Premier Deng Xiaoping, talking to a delegation from the Encyclopaedia Britannica, defended the stiff 15-year sentence meted out six weeks ago to Human Rights Activist Wei Jingsheng on the ground that "we needed to make an example of him." At the same time...