Word: saudi
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Dates: during 1960-1969
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...which thus equals in number, if not in firepower, the U.S. Sixth Fleet. Such ports as Algeria's Mers-el-Kebir, Egypt's Alexandria and Syria's Latakia are filled with souvenir-shopping Soviet sailors these days. So far, only the oil-rich kingdoms of Libya, Saudi Arabia and the Persian Gulf states have resisted Russia's advances...
...desire for a new self-help alliance was also strong in the Middle East, where a number of oil states-including Iran, Saudi Arabia, Kuwait and Bahrain-learned of plans to pull back Britain's 6,000 troops guarding the Persian Gulf oil route, probably in 1971. Britain even placed its European commitments under review, especially the Rhine Army of 52,000, whose continued presence in West Germany seemed more dependent on German offers to offset costs than anything else. In fact, as Defense Minister Denis Healey watched his establishment mercilessly pared, he must have wondered somewhat whether...
While most Arab leaders are obsessed with the problem of Israel, Saudi Arabia's King Feisal is more worried about his fellow Arabs. In neighboring Yemen, he faces a hostile and radical Republican regime that has constantly attacked him for six years. In South Arabia, also on his borders, the terrorist National Liberation Front recently drove out the pro-Feisal sheiks and sultans, renamed the country South Yemen and immediately cast covetous eyes on the sheikdoms of Muscat and Oman and the oilfields of the Persian Gulf, of which Feisal owns a good share. Everywhere he turns, Feisal sees...
...King has managed to play one faction off against the other. To hold their brotherly love, he also distributes monthly allowances ranging from $8,444 for minor princes to $333,000 for the officially designated crown prince, sees that they get "commissions" on every foreign investment in Saudi Arabia...
Strength Without Strains. More commonly, continued surpluses reflect national economies that are gaining strength without strains. Copper-rich Zambia's regular surpluses have enabled the government to improve roads, education and health facilities. The oil-producing Arab states of Kuwait, Saudi Arabia, Abu Dhabi and Qatar amassed hefty surpluses as usual in 1967, despite some losses from the Mideast war. Instead of squandering the money on palaces, limousines and concubines, the rulers of the four Persian Gulf states today split the oil-based riches between imported consumer goods (food, clothing, shelter) for their populace, new facilities such as water...