Word: saudi
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Dates: during 1960-1969
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...greatest of the few absolute monarchs left on earth has come out-in his own fashion-for democracy. Two years ago, towering, half-blind King Saud of Saudi Arabia, deep in debt in an oil-rich nation, beset by Nasser's efforts to stir up trouble inside the country, was compelled to call upon his more vigorous and cultivated brother, Crown Prince Feisal, to take charge of the country, save its finances, and restore its prestige in the Arab world. Since then, the treasury has been built up, and the throne has not been embroiled in the intrigues...
...began encouraging newspaper editors to say things never before publicly uttered in Saudi Arabia. One newspaper called for election of a council with legislative powers, "so the people may feel they are exercising their rights as other people do." Others reported that King Saud himself favored forming parliaments in the provinces-half appointed, half elected-from which a grand national parliament would be chosen to advise the Council of Ministers...
Feisal, believing Saudi Arabia unready for any change so drastic, found himself unexpectedly maneuvered into the company of reactionaries. While the king sipped coffee in his air-conditioned palace with the liberals, and as father of a nation continued to enjoy the companionship of four women daily (one just before morning prayer, one after lunch, one in early evening, one for the night). Premier Feisal had to placate fanatical religious leaders who exploded in fury at every mention of reform. Even the most progressive of his brother princes think no good can come of introducing democracy right now, and fear...
...already dead? Bulgaria also proclaimed itself as keen as Khrushchev in its desire to coexist peaceably with the U.S. The U.S. replied coldly that, before patching up relations, Bulgaria would also have to take back its lies about Minister Heath (now U.S. Ambassador to Saudi Arabia...
Japan's first major venture into international wildcatting was stimulated by the need for cheaper oil for its mushrooming industry. Founded in 1957 with $9,800,000, Arabian Oil secured 44-year offshore concessions from both Saudi Arabia and the sheikdom of Kuwait. The price was steep, but oil-poor Japan had no choice. Instead of the fifty-fifty profit split then prevalent, the Japanese agreed to take only 43% of the profits from Kuwait, 44% from Saudi Arabia. They also promised to build a refinery in Saudi Arabia or in the Neutral Zone, agreed to sell...