Word: port
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Dates: during 1970-1979
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...Savimbi's 12,000 guerrillas freely roam the countryside, seizing towns and villages at will, disappearing when the Cubans or government troops appear. Savimbi's soldiers have shut down the vital Benguela railroad, which once carried ore from mines in Zaire and Zambia to the Atlantic Ocean port of Lobito. The disruption of rail service has given Zambian President Kenneth Kaunda no choice but to reopen his country's rail link with Rhodesia, the only alternative route...
...support all this aerial activity, Moscow is completing two electronic eavesdropping complexes in Laos, and has started construction of a radar tracking center near Sisophon, in northwestern Cambodia. Soviet merchantmen ply between Vietnamese coast ports and the Cambodian port of Kompong Som on resupply missions. Submarines of the Soviet Pacific fleet glide in and out of the huge American-built complex at Cam Ranh Bay, even though it is not a full-fledged Soviet naval base...
...reports about Mrs. Javits made hardly a ripple in Tehran, where the regime was preoccupied with more pressing matters. Hassan Nazih, head of the National Iranian Oil Co., decried the regime's tendency to "put all political, economic and judicial problems into an Islamic mold." In the port city of Khorramshahr and in Abadan, site of the world's biggest oil refinery, fighting broke out between ethnic Arabs, who want more autonomy from Tehran, and Ayatullah Ruhollah Khomeini's armed forces; at least 25 people were killed in running gun battles. Because he suffered from exhaustion...
...idea of revamping the tax laws to bolster investment has lately captured the imagination of political leaders. And the plan that is attracting the most sup port will speed up the slow, cumbersome system of tax depreciation. At present, companies are allowed to take deductions from their income to make up for the depreciation of their aging factories and equipment. Those deductions vary according to the expected life of the plant or gear. For example, railroad equipment can be depreciated over 40 years, tractors over three years. Faster depreciation would reduce taxes and thus increase the capital available for investment...
...these frustrations are being exploited by Marxists. Leftist groups of various sorts are well organized in the oilfields, in the Abadan refinery and even among the well-paid, rather pampered workers at the port of Kharg Island, whose highly sophisticated pipeline network and oil flow control mechanism make it the most vulnerable element in the Iranian oil system...