Word: alle
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Dates: during 1970-1979
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More and more OPEC members are discovering that they can collect just as much by cutting production. Kuwait, Iraq, the United Arab Emirates, Algeria and Libya have all announced cutback plans for 1980, and others are likely to follow. Warns Gulf Oil Corp. President James Lee: "We estimate that OPEC...
While OPEC becomes richer, the rest of the world will grow poorer. For example, suppose oil hits $30 before the end of next year. Instead of a projected balance of payments surplus in 1980, the U.S. could wind up with a deficit of $15 billion, further weakening the dollar.* Overall...
The court battles were fought every where, by all sides. In Paris, Iran's Bank Markazi sued the French subsidiary of Citibank to release $50 million in depos its frozen since Carter's order. In London, Bank Markazi sued for the release of $1.8 billion on deposit with...
Still, several factors tipped the balance in Boeing's favor. For TWA, Boeing increased the 767's seating capacity from 198 passengers to 203, the same as the Airbus; agreed to speed up delivery schedules; gave generous financial terms and new guarantees on fuel economy, performance and maintenance...
For industries gagging on stiff regulatory costs, a decision last week by the Environmental Protection Agency was a breath of fresh air. Rather than fixing stern limits on the air pollutants discharged by each and every smokestack or other source in a plant, the EPA will permit state authorities to...