Word: oil-rich
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Living standards have been steadily declining since the oil-rich days of the 1970s, when government largesse fueled a decade-long boom. By February 1989, protests against reduced subsidies and higher prices had turned into rioting and looting that left 300 dead. Discontent has simmered ever since, with occasional regional strikes and violent student demonstrations...
...food. The Russian counteroffensive that began on Dec. 5, 1941, also relieved pressure on the city. By early 1942, though the blockade was not broken, the Germans could not hope to advance without a terrible fight. Besides, Hitler was turning his attention toward the Volga River and oil-rich Baku by the Caspian Sea. There a titanic struggle soon developed over the city that stood in his way: Stalingrad...
...sermons was fully within the norms of acceptability, and that they could not comprehend why anyone would take their message as an affront. Did not everyone in our Society agree that the bombing of Iraq was a brutal attack against the Islamic nation? Who possibly could deny that the oil-rich sheikhs of the Gulf and their followers are bastardly hypocrites who pay off their imams? And who could possibly be offended if this "truth" were articulated...
Pharaon and Paul, who is a target of a Miami grand jury investigation of CenTrust, struggled to keep the institution's doors -- and coffers -- open. Pharaon assured regulators that he was backed by oil-rich Arabs who would keep CenTrust solvent. When that tack failed to deter officials, Pharaon and Paul flew CenTrust's corporate jet to Washington to give similar promises to M. Danny Wall, who chaired the Home Loan Bank Board at the time. (Wall recalled the meeting in an interview but said he could not remember the outcome.) After the session, regulators said CenTrust could remain open...
Another challenge was "having to socialize with oil-rich Arabs in a style to which they had become accustomed," says Beaty. So there were late-night visits to nightclubs in Casablanca and purchases of exotic foods from Los Angeles to London. Once, a defector from the black network who was being interviewed in New York where he was in hiding turned to Beaty for a little spending money. "I gave him the last $100 out of my pocket," he says, "and he tipped the waitress...