Word: beene
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Dates: during 1970-1979
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The drop in U.S. oil use should have given the dollar a needed boost on money markets. But the greenback twitched indecisively as traders remained mesmerized by the theatrics of the Iranian drama. Since the freezing of Iran's money in U.S. banks, some of the counterthreats from Tehran...
Iran has been trying to induce other members of the OPEC cartel to refuse payment for oil in dollars and instead to demand a "basket" of other currencies, presumably West German marks, Swiss and French francs, and Japanese yen. In fact, there is not nearly enough of these currencies available...
Suffering businessmen, using effective Washington lobbying, began to complain loudly. President William LaMothe of the Kellogg cereal company accused the commission of exhibiting "absence of fundamental fairness." Kentucky Senator Wendell Ford said that the agency had offended every businessman in his state. He noted that Louisville's Brown & Williamson...
Congress, though, is determined to yank some of the FTC's teeth. The House Commerce Committee voted to give Congress a veto power over all commission regulations. This would be the first time that any federal regulator had been so controlled. By a lopsided 223 to 147 vote, the...
It is all too familiar to doctors. The patient desperately needs blood for an operation but is a member of Jehovah's Witnesses, a group with religious beliefs that forbid blood transfusions. Often physicians must stand idly by while such a patient dies. But now, in one case at...