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...about the ship's capabilities. "If all sails smoothly," went one typical newspaper account, "the mystery ship may be at work next year, scooping such metals as titanium, manganese, uranium, copper and nickel up out of the depths to add to the fortune of the world's wealthiest recluse...

Author: /time Magazine | Title: ESPIONAGE: The Great Submarine Snatch | 3/31/1975 | See Source »

Portugal thus began the last and possibly most difficult phase of a decolonization program that has already led to the independence of Guinea-Bissau and the formation of an African-dominated transitional government in Mozambique. When Angola (pop. 5,725,000)-the largest and wealthiest colony -achieves full independence on Nov. 11, the once vast Portuguese African empire will at last cease to exist...

Author: /time Magazine | Title: ANGOLA: Fragile Independence | 1/27/1975 | See Source »

...University degrees are comparable to high school diplomas in developed countries. The existing Teheran affiliate of the Harvard Business School gets its share of the bad marks, too. Part of the funds for it were raised at Iranian "charity functions," where members of the royal family lined up the wealthiest guests and stared at them till they contributed...

Author: NO WRITER ATTRIBUTED | Title: SCHOOL WITHOUT STUDENTS | 1/24/1975 | See Source »

Several other countries rose on petropower. Oil made Nigeria not only black Africa's wealthiest nation ($9.2 billion in earnings) but unquestionably its strongest political force. Indonesia, though still abysmally poor, is showing the first glimmerings of its potential as Southeast Asia's economic leader, thanks to oil exports...

Author: /time Magazine | Title: FAISAL AND OIL Driving Toward a New World Order | 1/6/1975 | See Source »

They succeeded in throwing the economics of the Western world out of gear; they made their countries the wealthiest on earth; they immensely increased (at Rabat) the threat of war in the Middle East...

Author: /time Magazine | Title: Forum, Dec. 30, 1974 | 12/30/1974 | See Source »

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