Word: persian
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...sudden drop in the value of its main sources of foreign exchange. Because of the collapse in oil prices, exports of crude from Sinai oil wells may fall from last year's $2.8 billion to as little as $1.5 billion in 1986. Remittances from Egyptians working in the Persian Gulf declined by $300 million, to $3.5 billion, this year and are expected to continue falling as the major oil producers in the region cut back production. In addition, the country has suffered a 20% decline in its $1 billion-a-year tourist trade, principally because of American fear of terrorism...
...Atlantic waters off the coast of Virginia would seem a safe enough sea- lane for an American tanker. But for a moment last week the crew of the 30,000-ton Western Sun must have wondered if they were in the Persian Gulf. Seemingly out of nowhere, an AIM-9 Sidewinder air-to-air missile blew a 2 1/2- ft. hole in the ship's superstructure. Fortunately, the errant missile was not armed with its customary exploding warhead and missed the ship's cargo of 26,000 bbl. of oil. The 9-ft. projectile was apparently launched during training maneuvers...
...group of Soviet schoolchildren visiting the Kremlin; the U.S.S.R. then blames the attack on West German terrorists, launches an invasion of Central Europe, captures Iceland and rushes the navy into action in an attempt to control the North Atlantic sea-lanes--all as a ruse for grabbing Persian Gulf oil facilities. The pretext serves Clancy better than it does the Soviets: it provides a fine backdrop for his account of strategies and shoot-outs...
...movie reel of his imagination, he sees himself standing alone in the desert, silhouetted against the moon, swathed in traditional Bedouin robes, a farsighted prophet of Islam and the mighty creator of the Great Arab Nation, stretching from the warm Persian Gulf to the dark Atlantic Ocean--a nation that would eclipse the West in power and glory and purity. Muammar Gaddafi is not a man of modest ambitions. Nor one without a sense of backlighting...
...caused badly frayed nerves in the region. Two months ago, thousands of Iranian troops stormed across the Shatt al Arab, the long-disputed waterway that lies between the two countries, and established a toehold in Iraq's Fao Peninsula, a desolate strip of land that juts into the Persian Gulf. Despite superior firepower, Iraqi forces have been unable to dislodge the Iranians. The Fao beachhead was established just as falling oil prices threatened to starve both Iran's and Iraq's military and civilian economies. The protracted battle for Fao could prove to be a critical turning point...