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The conflict in Bosnia, disputes within the new World Trade Organizatiion and debates about NATO enlargement all illustrate a single point: no relationship is more important in determining the state of international relations than the alliance between Europe and America. Contrary to accepted wisdom, John Peterson argues that the end of the Cold War actually enhances the prospects for partnership between the United States and the European Union. Completely updated, this book offers a clear and penetrating analysis of the problems and opportunities facing the transatlantic alliance.

Cover -- Title -- Copyright -- Contents -- List of Illustrations -- Preface -- Glossary -- Abbreviations -- 1. Saudi Arabia in the Twentieth Century -- The Kingdom of Saudi Arabia -- Origins of Government Administration and Financial Requirements -- Part I: Finances and oil Before World War II -- 2. The Organization of State Finances -- Control of the Treasury in the Early 1920s -- Control of Finances in al-Hijaz and the Directorate from 1927 -- Controller of National Finances and the Financial Authority (al-Wikalah) (1927 - 9) -- Establishment of the Ministry of Finance (1932) -- Administering Finances During the Great Depression -- 3. The 1933 Oil Concession and Oil Affairs to World War II -- Early Oil Exploration in Arabia -- The Role of Charles Crane and Karl Twitchell -- The Original 1933 Concession -- Further Developments in the ARAMCO Concession -- 4. Early Administrative Arrangements -- Military and Defense -- Air and Transport -- Foreign Affairs -- Hajj Administration -- Mining Activities -- Electricity and Water Supply -- Other Ministry of Finance Responsibilities -- Part II: The Impact of World War II -- 5. British Wartime Assistance and the Emergence of Anglo-American Rivalry -- The Inception of British Wartime Subsidies -- The Kingdom's Dire Internal Situation in 1942 - 3 -- Issues with the British Subsidy for 1944 -- The US Supplants British Influence with the 1945 Subsidy -- 6. The Beginnings of the US - Saudi Partnership -- The Historic Meeting between King 'Abd al-'Aziz and President Roosevelt -- Wartime Subsidies and Lend - Lease Assistance -- Military Provisions and the Dhahran Air Base Agreement -- 7. Administrative Developments -- Endeavors in Agriculture -- Continuing Developments in Foreign Affairs and Defense -- Banking and Currency -- Development Projects -- Miscellaneous Activities.