Word: oil-rich
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Through 43 years, though, Israel has been ready to make peace with any of its neighbors. The Israelis ultimately responded to former Egyptian president Anwar Sadat's trip to Jerusalem by swapping the oil-rich Sinai for peace. And in recent weeks, Israel has undertaken such confidence-building measures as releasing about 1000 Palestinian prisoners and announcing its willingness to meet the Arab states at the bargaining table at a regional peace conference...
...seek independence for Kurdistan, which encompasses 28 million people in an area roughly the size of Thailand, when the Ottoman Empire collapsed after World War I. The Treaty of Sevres in 1920 promised them an independent state, but it was never ratified. Later that year, Britain annexed the oil-rich Kurdish region of Mosul to Iraq, then a British mandate. Intermittent insurgencies against Baghdad have followed ever since, and Kurds in Turkey, Iran and Syria have also remained restive...
...proxies, Abedi and B.C.C.I. organized an attempted hostile takeover of Financial General Bankshares, a Washington bank holding company. When the Securities and Exchange Commission charged that B.C.C.I. had secretly orchestrated it, Abedi hired Clifford and Altman to represent him and his group. This felicitous combination of wealthy shareholders from oil-rich Arab countries and Washington's most famous attorney calmed regulators, who allowed B.C.C.I.'s fronts to purchase Financial General, which they renamed First American...
...that the guns have fallen silent, the pounding of jackhammers will soon replace the din of war. At $200 billion or more over the next 10 years, the price of rebuilding ravaged Kuwait seems certain to dwarf the $50 billion or so that it took to liberate the oil-rich country. With that much money at stake, companies around the world began battles of their own long before the shooting war ended, fighting over contracts for everything from hospitals to refineries in one of history's largest reconstruction jobs. "This provides an almost unlimited backlog of good, profitable work," says...
Money and Democracy. Perhaps the rosiest of postwar propositions is that the oil-rich gulf states will share their treasure more generously with the oil- less poor ones. The idea would be to reduce the envy of, and the enmity toward, the rich while alleviating the poverty that is a constant source of instability...