Word: saudi
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Dates: during 1960-1969
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...earth's few remaining absolute monarchs last week tried to give an order and failed. This distressing occurrence befell aging, ailing King Saud of oil-rich Saudi Arabia, who, 14 months ago, let his able half brother, Prince Feisal, take over the job of running the country as Prime Minister...
Last month Saud's jobless sons convinced their father that he would lose his throne unless he acted. In keeping with their talents, the princes' plot was simple. A tour of western Saudi Arabia was scheduled for the King, including the key cities of Taif, Mecca and Jidda. When Saud reached Jidda, he was to issue a royal decree dismissing Prince Feisal and his reformist Cabinet. Then the royal family would once more be in charge...
Founded in 1960, OPEC now has eight members-Indonesia, Iran, Iraq, Kuwait, Libya, Qatar, Saudi Arabia and Venezuela-and controls 90% of the world's oil exports. "Oil is the only resource that God gave us," says OPEC's secretary-general, Fuad Rouhani, 56. "We are not so much underdeveloped nations as we are underpaid nations." Having rebuffed the oil industry's big eight (five of which are U.S. companies), OPEC plans a meeting in the Saudi Arabia capital of Riyadh later this month to decide what is next...
National Families. What precisely is Baath? Nasser seems to consider it an even greater threat than his old enemies, the Arab monarchies of Jordan and Saudi Arabia, and complains: "I have read every book by or about Baath and I could understand nothing." A Western diplomat describes it as an "Arab Cosa Nostra." On the contrary, one knowledgeable observer thinks Baath "is probably ahead of its time-reformist, progressive and secular in a world of Arabs bound by tradition, religion and narrow, personal interest...
...last some modern contractors are going to clean up after Lawrence & Co. In Riyadh next week, government representatives from Jordan, Syria and Saudi Arabia will sign a $28 million contract with a British consortium-Alderton Construction Co., Ltd. and Martin Cowley, Ltd.-to renovate the German-designed railroad. A team of 200 engineers, working from air-conditioned railway cars, will direct an army of Arab laborers as they rebuild 55 stations and 1,900 bridges and culverts, lay 750,000 ties and 23,000 tons of rails at a planned rate of one mile...