Word: arabization
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...quarters on the second floor of the Foreign Ministry building, jovial Premier Hazza Majali, 44, one of the West's best friends in the Arab world, was killed instantly by a huge bomb that burst in his desk drawer...
Next day Hussein told a press conference that "responsible authorities in the United Arab Republic, mainly in Syria," knew in advance of the plot to assassinate Majali. As long ago as last spring, the Jordanian government accused young Playboy General Ali Abu Nuwar, 38, Hussein's onetime buddy as army chief of staff, of planning Majali's assassination from his exile in Nasser's Damascus...
Looking tired and tense, the King said that two minor Jordanian government employees had crossed the border into Syria just before the bombings, and Jordan now demanded that they be sent back. If they were not, he said, Jordan would seek satisfaction in the Arab League...
With the oil industry in the midst of a major world oil glut, the new Mideast posted price cuts will probably not be the last. Actually, they are only about half the 30?-per-bbl. discount that Western oil companies have been offering some customers. Since oil royalties to Arab nations are paid on the posted price, companies that discount have been paying the usual royalties but receiving less for the oil they sell...
...posted cuts temporarily satisfy Asian buyer,, they have set off a violent reaction in the Middle East, where Arab government revenues flow from oil royalties. Although Mideast production is up 13% this year, the Arab nations expect heavy revenue losses from the cuts; Iraq says it will lose about $20 million, and Kuwait, Saudi Arabia and Iran, being bigger producers, will lose even more. Cried Sheik Abdullah Tariki, Saudi Arabian director of petroleum and mineral affairs: "It is a plot by the oil companies, not even remotely justified by the Russian challenge." When the Arab Petroleum Congress meets in Beirut...