Word: afforded
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Dates: during 1970-1979
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Some Tory right-wingers would like the Thatcher government to recognize the new government in Salisbury immediately. The Prime Minister, however, is well aware that Britain cannot afford to offend African members of the Commonwealth. One index of their growing importance is that Britain's trade with Nigeria now exceeds its trade with South Africa. Nevertheless, as an indication of current Tory sentiment, Thatcher has decided to send a senior envoy to Salisbury, replacing the junior official there now The prevailing view in Whitehall, however, appears to be that action on both recognition and sanctions can be delayed until...
...violations." Jimmy Carter's relations with Big Business, never warm or close, have become even cooler and more distant as the President and his lieutenants have poured out inflammatory business-bashing rhetoric. The assaults are particularly troubling because they come at a time when the nation can ill afford more divisiveness. "Every big businessman is wondering when it will be his turn," says Forrest Rettgers, chief lobbyist for the National Association of Manufacturers. "Carter is shooting at oil now, but who will be next...
...play will develop in some fairly promising areas of Oklahoma, Texas and, most important, the so-called Overthrust Belt in the foothills of the Rockies. Says Joseph Reid, president of The Superior Oil Co.: "The price for new gas and oil is such that people can afford to take more risks and drill deeper than when prices were cheaper. We are drilling in places where we previously would not have drilled. What was uneconomical is now economical...
...that their accumulated indebtedness has risen to more than $210 billion. Such major U.S. lenders as Citicorp and Chase Manhattan have huge loans out to India, Pakistan, Turkey and many other countries. Fears are rising that sooner or later some borrowers will not be able to afford even their interest payments. The threat is not simply of defaults leading to instability, but of worsening hunger and unrest among the world's more than 1 billion subsistence-level people...
Talking publicly, some network executives complain that cable may take away so many viewers and dollars that the networks may not be able to afford their expensive news-gathering operations and may even be outbid in the future for such attractions as the World Series and Super Bowl; viewers who now see them free would then have to pay to watch. Speaking privately, however, other network bosses often boast that their operations so dwarf those of any cable operator that for the moment they can loftily ignore cable. Nonetheless, predicts HBO's Levin, as cable presents better programming...