Word: iraqization
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WORLDWIDE CONTROLS on oil prices are being planned by Venezuela and the Middle East oil producing countries aroused by recent price cuts in crude by major oil companies. Venezuela, Saudi Arabia, Kuwait, Iraq and Iran formed the Organization of Petroleum Exporting Countries to present a united front in dealing with oil companies, want to ban price cuts without prior consultation with producing nations...
...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...
Cause & Effect. The overthrow of the neighboring Turkish government this spring disturbed the Shah and his court. He also vividly remembers the uprising in Iraq which ended with the assassination of King Feisal. There is ample cause for unrest in the Shah's kingdom, and from across the border, Radio Moscow keeps up a steady drumfire of abuse. In his shabby capital of Teheran, a small portion of the population lives in splendor while the rest exist in the squalor of centuries, washing themselves in the open gutter jubes which double as sewers and water mains. In the arid...
...Iraq, whose classic and convulsive revolution, to say nothing of her geography, offered a made-in-heaven target for the new Soviet tactics, has moved progressively away from Communist influence...
There are occasional flat passages in the book, and some embarrassing ones, as when Frankfurter recalls being introduced to Prince Feisal of Iraq ("Here was little me meeting this Arab prince!"). But it is suffused with his love for the law, that towering edifice which is "all we have standing between us and the tyranny of mere will and the cruelty of unbridled, undisciplined feeling." Frankfurter lays down the axiom that "the worst public servants are narrow-minded lawyers, and the best are broad-minded lawyers." He neglects to say who should make the determination. But readers may feel that...