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...government of Saudi Arabia is financing Palestinian terrorist groups, Saudi officials angrily dismissed the charge. The Saudis, however, are not disputing a key Israeli claim: that money from the Kingdom is going to the families of suicide bombers. In an interview with TIME last Friday, Saudi Foreign Minister Prince Saud al-Faisal condemned suicide attacks against civilians but acknowledged that the families of the bombers have benefited from millions in Saudi aid given to the relatives of Palestinians killed since the beginning of the intifadeh. "There are 1,800 families receiving aid," he said. "How would [bombers' families] feel...

Author: /time Magazine | Title: No Apologies From This Saudi | 5/20/2002 | See Source »

...government of Saudi Arabia is financing Palestinian terrorist groups, Saudi officials angrily dismissed the charge. The Saudis, however, are not disputing a key Israeli claim: that money from the Kingdom is going to the families of suicide bombers. In an interview with Time last Friday, Saudi Foreign Minister Prince Saud al-Faisal condemned suicide attacks against civilians but acknowledged that the families of the bombers have benefited from millions in Saudi aid given to the relatives of Palestinians killed since the beginning of the intifadeh. "There are 1,800 families receiving aid," he said. "How would [bombers' families] feel...

Author: /time Magazine | Title: No Apologies From This Saudi | 5/12/2002 | See Source »

Indeed, if Russia and the former Soviet republics are able to hobble the OPEC cartel and smash Saudi dominance, American interests in the Middle East would be the first to benefit. Not only would the despotic House of Saud likely lose power, the ability of dictators such as Iraqi President Sadam Hussein to produce weapons of mass destruction would be seriously degraded. The Saudi monarchy is already contending with a young and restive populace that sees little opportunity in a sclerotic oil-based economy. Without a steady flow of oil money, the totalitarian governments in the Middle East would...

Author: By Jonathan H. Esensten, | Title: Cracking the Oil Cartel | 4/22/2002 | See Source »

...after meeting President Bush at the White House. Hariri was the first of several Arab leaders to visit Washington. Bush is also hosting King Mohammed VI of Morocco, who recently postponed his own wedding because of the crisis. This week, Bush receives Crown Prince Abdullah bin Abdul Aziz al Saud of Saudi Arabia, the author of the recent Arab peace initiative. Believing Bush too biased in favor of Sharon, he turned down previous invitations. Abdullah resisted pressure from other Saudi officials to cancel this trip too, but his message will be just as blunt: The Middle East crisis is worsening...

Author: /time Magazine | Title: Trouble on the Streets | 4/21/2002 | See Source »

...Politics need to be distanced from these prices," Qatar Oil Minister Abdullah bin Hamad al-Attiyah told his official news agency. Saudi Foreign Minister Saud al-Faisal pointed out to the French paper Le Monde that oil and gas revenues - which account for some two-thirds of the typical Gulf state's budget - are "what Arab nations need most for their development," adding diplomatically that such revenues were also the best way for Arab nations to bolster their defenses against the rampaging Israelis...

Author: /time Magazine | Title: Oil's Still Well With OPEC | 4/4/2002 | See Source »

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