Word: shahs
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Yahya (pronounced Ya-hee-uh) Khan claims direct descent from warrior nobles who fought in the elite armies of Nadir Shah, the Persian adventurer who conquered Delhi in the 18th century. With his pukka sahib manner, Yahya seems strictly Sandhurst, though he learned his trade not in England but at the British-run Indian Military Academy at Dehra Dun. During World War II, he fought in the British Indian army in North Africa and Italy. After partition, like most of the subcontinent's best soldiers, he opted to become a Pakistani (India, the saying goes, got all the bureaucrats...
...insistence of Standard Oil. In Iran, in 1953 (when "guess-who" was Vice President), the CIA engineered a coup against the popularly-supported government of Mossadegh, after that nationalist leader began nationalizing Anglo-Iranian Oil, the largest Western firm in that country. The CIA restored the present Shah to the throne, and a year later an Oil Consortium was created through negotiations between the Shah and American companies (the British and Dutch were effectively excluded from those negotiations). The result was that British oil interests were reduced to 40 per cent, American interests increased to 40 per cent...
Before departing for his ski chalet at St. Moritz last week, the Shah of Iran conferred a medal, the first-class Taj, or crown, on his finance minister Jamshid Amuzegar. The dapper, Cornell-trained Amuzegar had led the six oil-producing nations of the Persian Gulf-Iran, Iraq, Kuwait, Saudi Arabia, Abu Dhabi and Qatar-in wresting an enormous increase in payments from 23 international oil companies, 20 of them American. In fact the Shah, who had guided the negotiations over the gold telephones installed at his desk and bedside in the royal palace, had good reason to be pleased...
Stiff Bargain. By the time last week's accord ended a month of confrontation in Teheran, the Shah had established himself as leader of the world's oil-producing nations and changed the balance of power between oil-producing and consuming countries. Under the stiff provisions of a new, five-year pact, the posted price of Persian Gulf oil-on which royalties and taxes are calculated-will rise by 35? per bbl. The producing companies' taxes will also go up 5%, to 55%. Every year until 1975, the companies will pay an additional 5? per bbl., plus...
...price with Venezuela and Indonesia before a worldwide pattern of oil prices can be reestablished. The Teheran agreement illuminates the new power over industrial countries that the world's producers of raw materials can exert if they act in unison. Having made his point with oil, the Shah of Iran last week was talking of forming similar groupings of nations that produce coffee, copper, tin, rubber and other commodities to bargain with consuming countries...