Word: western
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Dates: during 1970-1979
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...Iraq tried to be a middleman in the power struggle between extremists and self-professed moderates. Its oil minister, Tayeh Abdul-Karim, suggested that a relatively modest floor price be established, but that it increase automatically every three months in line with world inflation and the economic growth of Western nations, a proposal that won only limited support...
...Persian Gulf are also worried, about both their Shi'ite and Palestinian populations and about the wave of Islamic fundamentalism and unrest that seems to be spreading through the Middle East. They are trying desperately to bend with the wind. Bahrain, long known for its easygoing Western ways-it is one of the few countries in the area where liquor is sold-has, in deference to Muslim tradition, just opened an interest-free Islamic bank and banned male hairdressers from attending to women. The Amir of Kuwait has promised that his country's national assembly, "suspended" since...
...been quietly telling the Soviets for months that their intervention in Afghanistan is contrary to the spirit of detente and could jeopardize the passage of SALT II. Why are the Soviets ignoring these warnings? To some extent, they are trying to reinforce a faltering regime. But Western experts believe that the buildup may also be Moscow's deliberate reaction to the increase of American naval and air power in the region around Iran: an oblique Soviet warning of the dangers of superpower confrontation...
...wealthy: Switzerland, France, West Germany, Japan and the Arab countries. Americans remain very much in the market, however, thanks in part to U.S. tax laws that permit a collector to deduct contributions from his taxable estate if he has willed his treasures to a museum. The museums of America, Western Europe and Japan have at their disposal millions of dollars for acquisitions. The biggest spenders: France's Pompidou Center, Washington's National Gallery, New York's Metropolitan, the Getty in Malibu, Calif...
...hookups, bidding by closed-circuit TV, the gala evening sale crammed with formally clad celebrities, assiduous ballyhoo and greatly increased sale schedules. More recently, Sotheby's pushed its mass-marketing strategy even further by signing an agreement with Tokyo's Seibu Department Stores Ltd., which brings the Western fine arts auction market into retail stores and enables Japanese buyers to place bids for, say, an over-the-counter Constable. When Wilson retires as Sotheby's chairman in February, he will be succeeded by his cousin, the Earl of Westmorland, who is an equally innovative businessman...