Word: oil
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Dates: during 1950-1959
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...less easy to dismiss the venom spewed forth next day by Saudi Arabia's Ahmed Shukairy. Speaking for the Arab princes who live on the royalties from U.S. oil companies, Shukairy exhorted the Western powers to get out of the Middle East and stay...
...peddle Moscow's brand of sweet reasonableness, however, the Kremlin bosses sent glum, wooden-faced Foreign Minister Andrei Gromyko, whom a Western diplomat last week happily characterized as "the least attractive, least persuasive diplomat they have." In his gravelly tones Gromyko ran through a predictable catalogue of invective-"oil, oil and oil again; that was the thing which was tempting the monopolies of the U.S. and the United Kingdom"-and introduced a resolution demanding that the U.S. and Britain withdraw their troops from Lebanon and Jordan "without delay." But Gromyko closed on what from him-or any other Russian...
...President Nasser should be extracted from Western thinking." The ferocity of his language might have been intended to convey verbal loyalty to Nasser and Arab nationalism while concealing Saudi Arabia's unwillingness to pool its $300 million-a-year income with its Arab brothers. As he put it, "Oil, our oil, is not a political commodity of international concern...
...schemes and ordered a cut in armaments. Unhappy Syrian officers reportedly flung their caps on the table, the traditional gesture of threatening to resign from the army if they do not have their way. More agreeable to Nasser was his three-day meeting with Crown Prince Feisal, Premier of oil-rich Saudi Arabia, who announced that "clouds between the two countries have now been cleared...
...OIL-RICH ALGERIA will get its first refinery, and it will be North Africa's biggest yet (daily capacity: some 40,000 bbl.). Plant will be built, probably near Algiers, by combine of Mobil Oil, Standard Oil (N.J.), Shell, British Petroleum and three French firms...