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Word: sheiks (lookup in dictionary) (lookup stats)
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...firming international price of crude also represents an initial success for Saudi Arabia, which for the past two months has directed a high-stakes strategy to firm up the market. Saudi Petroleum Minister Sheik Ahmed Zaki Yamani had feared that a continuation of the yearlong slide in petroleum prices could destroy OPEC. Thus, at the organization's March meeting, he succeeded in winning agreement on an unprecedented package of production cuts of 700,000 bbl. per day, or 3.8% of total OPEC output...

Author: /time Magazine | Title: Suddenly, the Disappearing Glut | 5/24/1982 | See Source »

...sadly familiar. Heavily populated (92 million) and desperately poor (per capita in come: $90 a year), the country has en joyed little political stability in the decade since it broke away from Pakistan after a savage civil war. Its first and longest period of democratic rule ended abruptly when Sheik Mujibur Rahman, who led the independence movement and subsequently became the country's first elected Prime Minister, was assassinated in 1975. In a trio of coups, Lieut. General Mohammed Ziaur Rahman emerged as strongman, only to be assassinated by junior officers last May. Sattar, who was then Vice President...

Author: /time Magazine | Title: Bangladesh: Revolving Door | 4/5/1982 | See Source »

...Saudis, though, seem determined to make the production cut work. Petroleum Minister Sheik Ahmed Zaki Yamani threatened that the desert kingdom would further reduce output in the months ahead if necessary to keep the market tight. He also issued thinly veiled warnings to other OPEC producers not to cheat on the Vienna agreement because doing so would avail them nothing...

Author: /time Magazine | Title: OPEC Makes a High-Stakes Bet | 4/5/1982 | See Source »

...been framed, Williams, 62, surely would have been expelled if the matter had come to a vote. The Senate Ethics Committee had unanimously recommended expulsion. Williams stood convicted of nine felony counts of bribery and influence peddling in a scheme involving an FBI agent posing as an Arab sheik and faced up to three years in prison. Most damning both in court and in the Senate were FBI videotapes that showed him promising to use his office to further a business venture in which he had a hidden interest. He met with the phony sheik not once but seven times...

Author: /time Magazine | Title: Hasty Exit | 3/22/1982 | See Source »

...called on Iranians to help enable "the Islamic revolution to open the gates of freedom to the oppressed peoples of the region." Last December police in the tiny, prosperous gulf state of Bahrain arrested 80 terrorists trained and armed by Iran for the purpose of overthrowing the government of Sheik Isa Al-Khalifa...

Author: /time Magazine | Title: Persian Gulf: A Hot and Holy War | 3/22/1982 | See Source »

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