Word: riyadh
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...life-style. His twelve estates around the world include a 180,000-acre ranch in Kenya and a $30 million apartment that takes up two entire floors of a luxury building on Manhattan's Fifth Avenue. He has homes in Marbella, Paris, Cannes, the Canary Islands, Madrid, Rome, Beirut, Riyadh, Jidda and Monte Carlo. His 282- ft. yacht Nabila (complete with helicopter) makes Queen Elizabeth's Britannia look like a package-tour ship. His fleet includes three commercial- size jets, twelve stretch Mercedes limousines, a total of 100 vehicles and a stable of Arabian horses...
...from King Fahd, who has called for a price of at least $18 per bbl. to boost Saudi oil earnings. Yamani countered that producers could control either prices or output, but not both at once. During OPEC's 17-day meeting in Geneva last month, Fahd repeatedly intervened from Riyadh on several key issues. The Geneva session wound up endorsing price-raising production limits, which Yamani initially opposed, through...
Leading the opposition, California Democrat Alan Cranston criticized the Saudis for their unwillingness to make peace with Israel and for subsidizing "terrorists," meaning Syria and the Palestine Liberation Organization. Though he acknowledged that Washington and Riyadh have some mutual interests, Cranston argued, "The Saudi princes don't pump oil or resist Marxism just to do us a favor. They'd do it anyway...
...goes over until next week--and the struggle may not end even then. A week or two after the June 5 vote, congressional opponents of the Saudis are likely to begin a move to defer or cancel delivery of the five AWACS aircraft and eight support tanker planes that Riyadh has had on order since 1981. That move may fail, but probably only after another ugly, drawn- out fight that will advance U.S. interests in the Middle East not one iota...
...issue is not Saudi Arabia's access to weapons, since King Fahd's regime can buy all the arms it wants from other nations. Rather, the problem for Reagan is political. He promised the missiles partly as a token of the special relationship that has existed between Washington and Riyadh since World War II, and partly as a warning to Iran against carrying its gulf war with Iraq any closer to Saudi Arabia. Said the White House: "Congress has endangered our long-standing security ties to Saudi Arabia, called into question the validity of U.S. commitments to its friends...