Word: persian
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Whatever its motives, Fort Worth-based American could profit handsomely from an industry shake-out. Staggered by the recession, constant fare fights and a global epidemic of aerophobia growing out of last year's Persian Gulf conflict, U.S. airlines have lost more than $6 billion since 1990. American has been no exception: its parent company, AMR, has lost a combined $279 million in the past two years. All that has led Crandall to predict that the number of major carriers will continue to shrink. Says he: "I think there is probably some consolidation left to happen...
When strict confessional differences are considered, the pull of Iranian- style fundamentalism appears to be greatly exaggerated. The overwhelming majority of Central Asian Muslims, including the ethnically Persian peoples of Tajikistan, follow the Sunni Islam observed in Saudi Arabia and most of the Muslim world. A true religious revival in Central Asia would probably produce an Islamic state more like Pakistan than Iran, which holds to the more extreme fundamentalist Shi'ite dogma...
...Iran is determined to regain its former stature as the pre-eminent power in the Persian Gulf. The Iranians are spending $2 billion a year on sophisticated weaponry -- from MiG-29 and Su-24 fighter bombers, to at least two Kilo-class attack submarines, all from Russia. They have a fairly crude chemical-weapons program, and we suspect they may have a biological program. The Iranians also continue their terrorism. In the past few weeks we know they've sent a large number of weapons to Hizballah...
...PERSIAN GULF...
Nixon's warning to Bush had the same effect as margaret Theater's "George, this is no time to go wobbly" comment from the early stages of the Persian Gulf crisis: it motivated the president to act presidential...