Word: oiled
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Dates: during 1960-1969
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...advisers, administrators and technical experts who once inhabited every government ministry and hovered over every government project. Their places have been taken by Iranians. Gone as well, to everyone's satisfaction, are the aid dollars from Washington. With industry booming and the earnings from its huge fields of oil ever higher ($800 million this year), Iran has now reached the stage where it can underwrite its own development. Next March it will launch an ambitious new five-year plan that will cost $10.4 billion...
...Shah has worked hard to alleviate his country's poverty. While his Arab neighbors feuded, fussed and fought with each other, he was busy building, investing most of his oil earnings in development instead of armaments, plants instead of planes. He decreed a radical land reform, gave women equal rights and promoted education at every level. By creating a climate of stability, he has induced private foreign investors to pour $1.3 billion into Iran. Having visited 57 countries, he has used personal diplomacy to put Iran on good terms with most of the world. Although a Moslem...
...improved his once-strained relations with Russia that the Soviet bloc in the past year has negotiated to build for him more than a billion dollars worth of heavy industry, including Iran's first full-fledged steel mill, in return for surplus natural gas and oil. The deals have not changed the Shah's pro-Western views. Iran, he says, is "importing iron but not ideology...
...done little but add to Nigeria's long list of problems. The economy is rapidly stagnating. Lucrative oil wells in Nigeria's Midwest and East have stopped flowing, and harvests have been disrupted. The exodus of skilled Ibos has crippled the North. Long range development projects, like the Niger River hydroelectric dam, have been delayed or suspended. Perhaps most devastating, though, the insurrection is likely to discourage foreign investment long after the soldiers lay down their arms...
...local official threatened to expel them. Poland's Tadeus Kantor shows that the Iron Curtain has long since popped wide open with his portrait collage of a stuffed shirt (with shirt). France's Baldaccini Cesar took another of the ten minor prizes with his sculptures of Mobil Oil cans and plastic. He disdained it, snorting "Ask Pablo [Picasso], or Sartre, or Fidel Castro. They will tell you whether I should be insulted...