Word: shahs
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...Beirut. Middle-aged women gaze disapprovingly at the miniskirted teenagers. Many Iranians can afford to buy the autos and clothes of their choice because the Alaska-size country no longer has an economy based on "the three C's": cotton, carpets and caviar. Under the prodding of the Shah, Mohammed Reza Pahlevi, Iran's widely diversified gross national product has increased 10.5% annually since the mid-1960s, and last year per-capita income rose from...
...this growth has been brought about by foreign investment, which has been attracted by Iran's stability, rich resources and potential as a gateway to awakening Asian markets. Even beyond the investment in oil, U.S. companies have pumped $150 million into Iran in the past five years. The Shah wants much more outside investment. Last week, at his personal invitation, 32 chairmen, presidents and other high executives of some of the largest North American corporations arrived in Teheran for a six-day conference with Iranian officials to investigate further possibilities for bringing in private capital. It was probably...
Fencing with Foreigners. Those sources would be especially welcome. Elsewhere, the world's oilfields are pocked with trouble. Libya is threatening to issue a decree raising royalties. The Shah of Iran is fencing with foreign oilmen in an attempt to increase his government's take. Bolivian development stopped with the nationalization last October of Gulf Oil Corp. Nigerian production suffered during the long war over secessionist Biafra. By comparison, Indonesia seems relatively calm...
Born. To Mohammed Reza Pahlevi 50, the Shah of Iran, and Empress Farah, 31, his third wife: their fourth child, second girl; in Teheran. Name: Princess Leila...
Married. Birendra Bir Bikram Shah Deva, 24, Crown Prince of Nepal (seeThe World...