Word: faisal
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...crucial decision maker and a symbol of Arab petropower, Saudi Arabia's King Faisal is TIME'S Man of the Year. Throughout 1974, Faisal's actions about oil prices and related matters touched, in various degrees, the lives and pocketbooks of virtually every human being on earth. Politically, too, 1974 was marked by the increasing cohesion and power of the Arab world, a surging strength fueled by the largest transfer of capital in history. In all this, the shrewd and dedicated King has played a key role...
...outskirts of the city of Suez stand twin six-foot portraits of Egyptian President Anwar Sadat and Saudi Arabia's King Faisal. The pictures symbolize Egyptian hopes that Arab oil money will finance the reconstruction of the war-ruined Suez Canal Zone and eventually convert it into a thriving agricultural and industrial region. One tangible result of this dream is "King Faisal City," a suburb of 3,000 housing units that is being built behind the portraits. Another is the announcement, expected imminently, that salvage operations in the canal, which has been closed since 1967, have been completed...
...would greatly increase the political influence of Saudi Arabia, and therefore its weight as a force for moderation within OPEC, some of whose non-Arab members, notably Iran and Venezuela, have been most insistent on price increases. Saudi Arabia would be liberated, in effect, to do what King Faisal wants very much to do: cooperate to keep the West, and especially the U.S. on which Saudi Arabia relies, prosperous and strong...
Small Token. Even without that side trip, Kissinger's journey was an exhausting one. Besides trying to restore momentum to Middle East negotiations, he had talked about oil prices with the Shah of Iran and King Faisal (see ECONOMY & BUSINESS) and had discussed East-West relations with Rumanian President Nicolae Ceausescu in Bucharest and aging Josip Broz Tito, now 82, in Belgrade, as well as with Leonid Brezhnev in Moscow. As a small token of the Soviet party chiefs hopes for a happy Vladivostok summit meeting with Gerald Ford later this month, the Russians last week allowed Lithuanian Sailor...
...groups, has an estimated membership of 3,500. It was founded in 1967 by George Habash, a Lydda-born physician who was educated at the American University of Beirut. Habash's group is more flamboyant than Fatah. Marxist-Leninist in outlook, the P.F.L.P. despises the kingships of Hussein and Faisal almost as much as it hates Israelis and Western (meaning U.S.) "imperialism." The P.F.L.P., known to Western diplomats in Beirut as "P-Flippers," has carried out some of the most spectacular terrorist attacks, including the simultaneous skyjacking of U.S., British and Swiss airliners to the Jordanian desert...