Word: reza
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Shah Mohammed Reza Pahlavi of Iran has such an appetite for American military hardware that some wags have wondered whether he might be willing to use some of his oil revenues to pay for the cost overruns that U.S. defense contractors often experience. Last week it appeared that he really might. The Shah's government offered a loan of undisclosed size to Grumman Corp. of Long Island to help it keep building the cost-plagued F-14A Tomcat fighter. Iran has ordered 80 of the planes, which cost $17.8 million each...
...Mohammed Reza Pahlavi, the Shah of Shahs, inheritor of Persia 's ancient throne, recently was interviewed by Time Inc.'s Editor in Chief Medley Donovan and Chief of Correspondents Murray Gart. Their meeting took place over tea in his enormous second-floor office, a cruciform chamber in green and silver, in the Niavaran Palace, the royal residence in Teheran. The highly active 54-year-old monarch sighed frequently as he talked, his voice sometimes dropping to a whisper, as though betraying the burden he feels as the absolute ruler of Iran's 34 million people. For more...
...SUCCESSION. We have provisions that the Empress will be regent until the Crown Prince [Reza, 13] comes of age when he is 20. She will rule with the help of a council. That is voted, accepted. It is legal. But I also have my political will [which has been] written, signed and sent to the people [in order to] try to keep what permitted us to be what we are-that is, to continue along our present course until the country is really developed and illiteracy does not exist any more...
Iran's Shah Mohammed Reza Pahlavi is the real boss of N.I.O.C., and he has been pressing the company's expansion. N.I.O.C. now runs four refineries in Iran and holds interests in refineries in India and South Africa. The company is also moving into petrochemicals and exploitation of Iran's immense natural-gas reserves. In a deal that suggests the shape of the future, N.I.O.C. is contracting to sell up to 100,000 bbl. a day for 15 years to Ashland Oil Co. in return for a half interest in 180 service stations in New York State...
Since the British pulled out of the Persian Gulf in 1971, Iran's Shah Mohammed Reza Pahlavi has engaged in an expansionary policy aimed at filling the power vacuum. His troops have occupied the Persian Gulf islands of Greater and Lesser Tunb and Abu Musa, which-despite their comic-opera names-guard the strategic Strait of Hormuz, through which 120 tankers a day carry a little more than half the oil consumed by the non-Communist world. Iran earlier had abrogated a treaty granting equal navigational rights to the crucial Shatt al-Arab, a confluence of the Tigris...