Word: sheikdoms
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Dates: during 1970-1979
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Forty dollars a barrel for oil? With the official world price at $14.55 per bbl, the notion sounds incredible. But not to oilmen. Items: when the Persian Gulf sheikdom of Abu Dhabi two weeks ago offered a shipment of high-grade, low-sulfur crude for sale at $40 per bbl., it found an immediate and eager buyer in Japan; Ecuador had no trouble getting $36 per bbl. in a sale of its own; Standard Oil Co. of Indiana admits difficulty in scraping up supplies for less than $35 per bbl. anywhere...
DIED. Sheik Sabah as Salim as-Sabah, 62, Emir of Kuwait; of a heart attack; in Kuwait. After succeeding his brother in 1965, he curbed oil production to conserve the enormous reserve that gives the Persian Gulf sheikdom the highest per capita gross national product in the world ($11,510 a year) and pays for its lavish welfare services. He was a strong supporter of Arab unity and a heavy financial backer of Egypt, Jordan and Syria...
...took off from Palma, two Arabic-speaking men and two women pulled out pistols and grenades and ordered the pilot to change course. So began a terrifying odyssey for the 82 other passengers and the five-man crew. For 2½ days, they were held in the Persian Gulf sheikdom of Dubai in the United Arab Emirates. Early this week, they were flown to Aden, South Yemen, after being refused permission to land in Oman. They faced the possibility of death if the skyjackers' demands were not met. Their fate, moreover, was perilously linked with that of Hanns-Martin...
...adopting" West Bank municipalities. Hebron has been taken under the wing of Saudi Arabia's holy city of Medina, which is underwriting a $15 million gift. Mayor Freij of Bethlehem, which was adopted by Abu Dhabi, returned last month from a visit to that oil-rich Persian Gulf sheikdom with pledges of $600,000 now and $10 million later to develop his town's tourist business...
...Arab "rejection front" against Israel, refusing to accept even United Nations' peace resolutions on the Middle East, much less the Jewish state's right to exist. Iraq consistently championed extremists within the Palestine Liberation Organization and also threatened Kuwait, claiming at one point that the tiny nearby sheikdom was historically part of Iraq. Armed by the Soviets, Baghdad's rulers quarreled with Iran not only over borders, but also over the minority of 2 million non-Arab Iraqi Kurds. When Tehran backed the Kurds' demands for autonomy by giving them supplies and artillery support...