Word: riyadh
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SAUDI ARABIA. After decades of relying on caution and massive infusions of money to soothe restive neighbors, Riyadh's room for maneuvering has severely shrunk. King Fahd, who characterized Iraq's adventuring as the "most horrible aggression the Arab nation has known in its modern history," faced a Hobson's choice: he could go it alone, leaving his small and scattered army to answer Iraq's battle-hardened troops, or he could call in the U.S. and lay bare his ties. Courageous as Westerners find him, Fahd can hardly dispute Saddam's < charge: "The joint policy with the foreigner...
...entire embargo plan would come apart if the Saudis did not give it full support. Shutting down the pipeline would be only the first step for Riyadh. An effective halt to Saddam's oil exports would eliminate 10% of the free world's supply from the market. Saudi Arabia would be expected to increase its output to help make up the shortfall and keep prices from soaring. That would be another red flag to Saddam. In short, if an embargo is to work, the U.S. must provide credible guarantees of military protection to Saudi Arabia. Already there were proposals...
...make arrests, imposing a curfew on its 3,000 residents. Shouting vulgar insults, the Israelis started searching for young Palestinians suspected of stoning the cars of Jewish settlers traveling on nearby roads. Confronted by a stone-throwing mob, the policemen opened fire, killing a 28-year-old laborer named Riyadh Abu Gayadeh...
...market analyst for the Manhattan commodities firm Elders Futures, Inc. Another variable is Saudi Arabia's strategy, says G. Henry Schuler, an energy specialist at the Center for Strategic and International Studies in Washington. Schuler points out that in 1987, when oil sold for $20 per bbl., Riyadh increased its production to drive down the price and deprive Iran of its war chest. "But once the war is over, then the Saudis don't have any reason to keep prices down," he says. Schuler's prediction: oil could jump to $22 to $24 per bbl. in a year...
Under the British-Saudi agreement, Riyadh will obtain 48 Tornado fighter- bombers to add to the 72 it has already contracted for, as well as up to 60 Hawk jet trainers, 80 helicopters and six minesweepers. Britain will also build two military airfields and provide training for Saudi Arabia's army and air force...