Word: third
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Dates: during 1970-1979
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Another problem facing Khomeini is the declining state of the Iranian economy. Nationalization of banks, insurance companies and large industrial firms has caused virtual chaos. About a third of the country's work force is unemployed, and inflation is running at 40%. Nonetheless, support remains strong for Khomeini and the principles of Iran's Islamic revolution...
Diplomatic standings will change in the coming era, some up, some down. The Soviet Union's smooth-talking Ambassador Anatoli Dobrynin will rate lower. So will former U.N. Ambassador Andrew Young and certain diplomats from the Third World. Henry Kissinger, former everything, will step a notch up. So will Anwar Sadat's skillful Washington envoy Ashraf Ghorbal. Spies are back, and the Carter Administration will not be using the word love quite so often or in quite the same...
...sort of Muslim fundamentalism evident in Iran or Muammar Gaddafi's Libya may confirm a remark by Frantz Fanon, the philosopher of Third World uprisings: the native response to imperial domination is to fall back on what is authentic, what is resistant to modernization. The mosque becomes a symbolic safe haven...
...position, which may account for their militant touchiness. But the religion has become the vehicle for certain antiWestern, anti-American resentments and antipathies. In some ways, the specifically Islamic religious component is almost incidental: Islam is, as much as anything else, the repository for grievances, envies and hatreds that Third World have-nots harbor for the privileged of the globe. Islam gives cohesion to complaints about the injustices of the world. The Muslim tradition provides the language and symbolism to express a wide social message: it is not necessarily a religious phenomenon. It is not antiChristian. In fact, Muslims really...
...offices of private bankers. Fearful that they might be trapped in the crossfire of the U.S.Iranian economic war, many European moneymen were distressed at the haste with which U.S. banks have declared Iranian loans in default and have seized Tehran's overseas assets. Complained an angry Luxembourg banker: "Third parties are being unnecessarily drawn into the conflict. The Americans are displaying Wild West manners and throwing clubs that will boomerang." Countercharged a U.S. banker in London: "The Europeans have no guts. The dollar is one of the few weapons we have and, believe me, we intend...