Word: shahs
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What is uncertain, however, is just how much Iran's rulers, whoever they may ultimately turn out to be, want to work with the U.S. Equally uncertain is how the downfall of the Shah's regime will affect the balance of power in the Middle East, and in the world. All that is clear is that the collapse of Iran has raised serious new doubts about U.S. foreign policy. In ways not yet fully clear, the sight of Iran reduced to anarchy has brought into question Washington's ability and determination to support its allies...
Over the past year the world has become more and more aware of the problems in Iran. When it became apparent that there was a real possibility that the Shah would be replaced, Iran gained headlines. Indeed, the Shah was deposed and Iran has kept the headlines...
...Carter's speedy recognition of the Khomeini-appointed government in Iran followed this very principle. While the U.S. may be uncomfortable with Khomeini's brand of Islamic rule, and should object to such actions as the seizure of the Israeli embassy and the secret trials and executions of pro-Shah officials, the recognition ratifies none of those actions. Instead it marks the awareness of American officials that the U.S. has a political and economic stake in Iran that it will lose entirely if it refused to talk with the Iranian government. And beyond the pragmatic considerations of ensuring the steady...
...energetically to reduce the level of hostility." Begin's government, fearful that the Islamic revival in Iran might stir up Israel's Arabs, appears to have taken a different approach to the problem. Foreign Minister Moshe Dayan issued an unmistakable warning: "We are not the Shah of Iran nor are we foreign rulers. If [Israeli and West Bank Arabs] try to replace Israel with an Arab-Islamic concept, they will have to realize that they might pay very, very dearly for that...
Though oil exports last year brought the Shah's government some $22 billion, the cost of pell-mell modernization was high; when the Shah left, Iran owed $7.2 billion to foreign lenders, including an estimated $2.2 billion to U.S. banks. Bankers point out that any attempt by Tehran to renege on those commitments would make the country an international financial pariah...