Word: wente
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Dates: during 1970-1979
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...revenues earned by the National Iranian Oil Co. between 1973 and 1978." In 1976 alone, it asserts, Nice's receipts as published by the company were $1 billion less than the NIOC earnings reported by the Central Bank of Iran; the suit implies that the $1 billion went into the Shah's foundations. While no proof is offered, the practice is by no means uncommon; other national oil companies also set aside sums for undefined state purposes...
...factions in Iran. So Kissinger turned to Nelson Rockefeller, his old friend and mentor. Just two weeks before Rockefeller died, he helped find a suitable residence: the Palm Springs estate of Walter H. Annenberg, former Ambassador to Britain. The Shah, however, did not seek a U.S. visa; instead, he went to Egypt and then Morocco...
...went on: "The Russian tactics in Africa are like the tactics of a parrot climbing a tree. First came Angola, then Congo Brazzaville, then Ethiopia, and afterward the Sahara. Step by step. If they get the Sahara, the Russians will have a window on the Atlantic, as they have always wanted, and the key to the Mediterranean. The American Sixth Fleet will have to sail back home and leave these seas to the Russian fleets...
...mighty new weapon-the lawsuit -is being rolled out in the economic power struggle between the U.S. and Iran, and the battling is shaking the money markets. Lawyers last week went on a suing spree, grabbing up Iranian corporate and industrial assets not only in the U.S. but also in West Germany. The free-for-all rush after Iranian booty put investors and businessmen on edge, rattled money markets and in the process helped send the dollar into a renewed slide while pushing gold back up to more than $400 per oz. In the scramble, banks even wound up suing...
That was certainly true for the West German government. In a move that left Bonn officials sputtering in helpless surprise, Morgan Guaranty Trust, the U.S.'s fifth largest bank and a leading creditor of the Iranian government, quietly went into an Essen court and attached Iran's 25% share of two of West Germany's best-known companies, Friedrich Krupp GmbH, a diversified steel and engineering combine (1978 sales: $5.9 billion), and Deutsche Babcock, a manufacturer of industrial equipment (1978 sales: $1.6 billion). Iranian stakes in the two companies were acquired under the Shah...