Word: richness
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Dates: during 1970-1979
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...miles off Panama in the Pacific Ocean. Part of a necklace of 226 other islands called Las Perlas (The Pearls), Contadora earned its name -Spanish for counter-during the 16th century when it was used by the Spaniards as a place to count their catch from the surrounding pearl-rich waters. In the 1920s, a mysterious disease killed off the oyster beds, and for decades Contadora remained just another of the obscure-if beautiful-islands that speckle the Gulf of Panama. Then, in the late 1960s, the motorboat of the wealthy Lewis conked out near the island, and he came...
...After five decades of working in textile mills, she receives $3,384 a year from Social Security as well as a small pension. A quarter of her income will go for heat; price increases mean a thinning out of her already poor diet. "Why should these oil people get rich while the poor people are going to freeze to death?" she asks. "Maybe I won't even be here by the time it gets really cold...
...Arabian American Oil Co., or Aramco, is the Delaware-based firm that is jointly owned by Exxon, Mobil, Texaco and Standard Oil Co. of California. Under a geographic concession nearly as large as the state of Oklahoma, Aramco pumps almost all the oil that flows from the Croesus-rich fields of Saudi Arabia. But in Riyadh and Washington alike, Aramco is now feeling heat...
...Jerusalem and nine months after the signing of the treaty ending hostilities, some changes are appearing. Tourists wearing yarmulkes are visiting the pyramids, new high-rises spike the Cairo sky line, and signs hawking familiar brand names reflect increased Western business investment. The reopened Suez Canal is earning rich transit fees, and Egyptian engineers have taken over Alma, the largest of the oilfields being given up by the Israelis in the course of their three-year withdrawal from the Sinai...
SEEKING DIVORCE. Christina Onassis, 29, poor-little-rich Greek shipping heiress; and her third husband, Sergei Kauzov, 38, former functionary for a Soviet ship-chartering bureau; on the grounds of irreconcilable differences; after 16 months of marriage; in Athens. Said an Onassis family friend: "Christina was beginning to get rather bored...