Word: iraqui
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Dates: during 1960-1969
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Freedom of Action. Buoyed by war outlays and by the spending of 20,000 fedayeen in the country and 17,000 Iraqui, 7,000 Saudi and 5,000 Syrian troops now stationed there, Jordan's economy is actually in better shape than before the war. Jordan's dollar reserves are a healthy $300 million. But tourist receipts are down to a third of pre-1967 figures, and agricultural production has dropped with the loss of the West Bank. Israeli analysts sum up Jordan's economy as "financially good, but stagnant in terms of development...
...repercussions could be widespread. Coca-Cola, the most popular soft drink among teetotaling Arabs, has 29 bottling plants, 139,000 dealers and a $50 million investment in the Arab world. Egypt immediately prepared to shift nine bottling plants from Coke to something called "Nasr (for victory) Cola." When Iraqui-born Mohammed Mahdi, head of the Manhattan-based American-Arab Action Committee, got word of the boycott in Beirut, he ceremoniously emptied his Coke into a carton...