Word: ades
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Small World. For all that, there was no sign of an outright U.S.Saudi deal. Rather, the price split reflected economic and political strains that have been present in OPEC all along but until now have been papered over in a façade of unity. Having more oil to sell than anyone else. Saudi Arabia wants to keep volume high, which it recognizes can be done only by holding the price down. As OPEC's volume producers, moreover, the Saudis have developed a more sophisticated understanding of customer markets than other OPEC members. In addition, the Saudis...
...clear, cold night last week, the twin-towered red brick façade of Oslo's city hall flickered in the glow of torches borne by thousands of demonstrators. Inside, an audience of more than 1,000 jammed the auditorium. To a standing ovation, Betty Williams, 33, and Mairead Corrigan, 32, co-founders of the Ulster Peace Movement (TIME, Sept. 6) arrived to accept the Norwegian People's Peace Prize...
...only did Boston have skilled players, but the roster seemed a dream conceived on Madison Avenue. Boston had as its established star Eusebio, second only to Pele at the peak of his career. There was also Ade Coker, a young, temperamental character with flashy moves, and Shep Messing '72, a top American player who led the NASL in goals-against average last year. Messing also brought the Minutemen his playboy reputation--"the Joe Namath of soccer," they billed...
...behind this façade of luxury and speed lurks a grim reality. Like many of the railroads of the world, the Japanese National Railway is on the brink of bankruptcy. Last week the line was barely saved from defaulting on $138 million in debts to 10,000 private companies when it canceled maintenance and construction contracts and received a $138 million stopgap loan from the Finance Ministry. Even so, more huge debts fall due next month, and the government is in no mood for another rescue. The Finance Ministry and private banks, which in the past have generously bailed...
...decisive part. Grechko apparently argued that Czech Party Chief Alexander Dubček's political liberalization program was unacceptable from Moscow's point of view and that only a military intervention would keep the country in the Communist orbit. Even today the bullet-riddled façade of Prague's National Museum is known among Czechs as a "fresco à la Grechko...