Word: kuwaitis
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Dates: during 1980-1980
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...visit their northern border, can see the flames of burning Iranian and Iraqi oil installations; their nation borders on the war zone. Kuwait shares Saudi concerns over its own potentially troublesome Shi'ite minorities. Its protestations of strict neutrality were not very persuasive; reporters crossing the Iraqi-Kuwaiti border last week counted over 100 gleaming new Toyota Landcruisers waiting to roll into Iraq. Nevertheless, Kuwait is also understandably schizophrenic about supporting Iraq because of a special problem: Iraq has longstanding territorial claims on Kuwait. If Iraq were to win the war and emerge as a new gulf superpower, logically...
Hopes soared last week that an end to the three-month ordeal of the 50 American hostages in Tehran might be in sight. The State Department denied a Kuwaiti newspaper report that the release of the hostages was "imminent," but one Western diplomat in Tehran cautiously admitted that there were some "positive signs." In response, the U.S. announced a delay in the imposition of economic sanctions against Iran...
...tons in all-a 60% increase from the year before. Insurance experts at Lloyd's of London, now claim that the Salem was deliberately scuttled. If true, it would make for the biggest maritime swindle in history. Shell International Trading, which had purchased the 194,000 tons of Kuwaiti oil aboard the Salem, has filed the largest cargo claim ever received at Lloyd's: $56.3 million. Shell has also filed a suit against the Salem's owner, a Lebanese-American shipper named Frederick Soudan, charging that he purposely ordered the ship sunk two weeks after...
About the time that Soudan was opening his shipping firm, a man calling himself Bert Stem-fortyish, with gray hair and a vaguely Germanic accent-appeared in Piraeus, Greece, to hire a crew capable of working a supertanker. The load was to be 194,000 tons of Kuwaiti oil, to be delivered in Genoa to an independent Italian oil company, Pontoil. On Nov. 30, the ship-Soudan's Salem-sailed for Kuwait and picked up the crude. After four days at sea, however, the cargo was sold to Shell in a normal spot-market transaction. Shell kept Genoa...