Word: actualizations
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Dates: during 1980-1989
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More important than the actual agreement was what was left out. The conference did nothing to resolve the crucial question of how much oil each member should produce. That leaves OPEC without a formal method for limiting its output to maintain its price. Such a method is the heart of a true cartel. Notes John Lichtblau, president of the Petroleum Industry Research Foundation: "To agree on an overall production level does not mean that much when you cannot decide how to set this level. The question of who will produce what is really the most important thing...
Federal agents apprehended a major fugitive last week in connection with the Tylenol-tampering case that claimed seven lives in the Chicago area in September and October, but seemed no closer to finding the actual killer or killers...
...eluded a citywide hunt for two months. Using the alias Robert Richardson, Lewis allegedly sent a handwritten note to Johnson & Johnson, the maker of Tylenol, demanding $1 million "if you want to stop the killing." By the time his name had surfaced as a suspect in the actual Tylenol poisonings, the Lewises had fled Chicago and were hiding in a New York City hotel room. From there, Lewis mailed letters to the Chicago Tribune to deny any connection to the killings. Investigators, hoping that Lewis was regularly scanning the Tribune to see if his letters were being published, staked...
...stalled out, shaking the already depressed auto industry. In a slide since 1979, new-car sales skidded to a 21-year low of about 5.7 million units, while unemployment surged to 23% of the auto industry's 1.1 million-worker labor force. The unwillingness, and often even the actual inability, of businesses to expand their plants and production facilities in the face of shrinking demand sent shock waves out through virtually all of heavy manufacturing. International Harvester Co. of Chicago (1981 sales: $7 billion), already deeply in debt to banks across the country because it borrowed to stay afloat...
...play is to stretch the definition beyond the limits of even the most permissive dictionary. James Roose-Evans, who adapted the book by Helene Hanff, seems to have deliberately, almost perversely, avoided any interchange that might be called dramatic. The dialogue consists entirely of 20 years of letters: actual correspondence between Hanff, a struggling playwright in Manhattan, and the employees of a small London bookstore, the address of which is, of course, 84 Charing Cross Road...