Word: ras
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Dates: during 1970-1979
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General Negategegne, formerly on the side of the ruling military council, has defected and joined forces with Ras Mengesha Seyoum, the deposed governor of Tigre province, which adjoins Eritrea. Mengesha, a distant relative of Haile Selassie, has an armed band of more than 4,000 peasants. Near Menz, some 85 miles north of the capital, two other aristocratic revolutionaries, Merid and Mesfin Biru, recently wiped out a government battalion...
...OPEC, in order of last year's earnings are: Saudi Arabia, Iran, Venezuela, Nigeria, Libya, Kuwait, Iraq, United Arab Emirates, Al geria, Indonesia, Qatar, Ecuador and Gabon, which is an associate member. The United Arab Emirates is a federation of Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Quwain, Ras al Khaimah and Fujairah...
...foundation of the new plan is a Saudi Arabian government take of $10.12 on the average barrel of Arabi an light crude shipped out of the port of Ras Tanura; market prices and government revenues on other grades from other countries will be keyed to that figure. Buyers of oil from Saudi Arabia, Qatar and the United Arab Emirates will pay no more than now; those countries, in effect, went up to the new prices in November. But buyers of crude from the other ten OPEC nations, including Iran, Kuwait and Venezuela, will pay to the governments of those nations...
...OPEC governments. During 1973, they quadrupled the posted price of oil, and they have not changed it since the start of 1974. But this year they have sharply raised equity and buy-back prices. The Saudi government's take of $10.12 on Arabian light shipped out of Ras Tanura, for instance, has risen about 27% this year, though posted prices have been unchanged (see chart); since October 1973, the take has multiplied not four, but five times...
...death list included two former Premiers, twelve former provincial governors, 18 generals and a grandson of Haile Selassie. Also executed were Prince Asrate Kassa, 56, who once ranked second in power (after the Emperor), and Ras Mesfin Sileshi, probably the country's second richest man (after the Emperor). Haile Selassie, who had spent two months this year confined to a mud hut at Fourth Army Division headquarters in Addis Ababa, remained under house arrest last week at the Grand Palace...