Word: billions
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Dates: during 1970-1979
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Hufstedler, however, has never held an administrative job, which led Rhode Island Democrat Claiborne Pell, chairman of a Senate education subcommittee, to question whether she has the "management and organization" skills to administer the new department, which will have 17,000 employees and a budget of $14.2 billion. Her admirers do not share Pell's concern. Said Occidental Executive Vice President Robert Bovinette: "She puts things eloquently, and she has the ability to quickly penetrate complex problems...
...nation sits upon a "lake of oil," boasted Saddam Hussein al Takriti last week-referring to Iraq's estimated proven reserves of more than 32 billion bbl. Largely because of that petrol power, Iraq is emerging as a political force in the Middle East after years of xenophobic isolationism. The country's increasing importance was underscored by a visit to Baghdad last month by Jordan's King Hussein for discussions on a comprehensive Middle East peace settlement. Other recent callers have included French Premier Raymond Barre, British Foreign Secretary Lord Carrington and his West German counterpart, Hans...
Aided by oil revenues that are expected to hit $20 billion this year, the Iraqi government has decreed free medical services and free education and launched an impressive campaign to stamp out illiteracy, with fines and jail terms for those between 15 and 45 who refuse to learn to read and write. There are also notable failures. Agricultural production has lagged, despite huge irrigation and land-reclamation projects. Housewives frequently do without such basic foods as potatoes, onions or eggs. Baghdad is afflicted by urban sprawl, air pollution and strained water and electrical facilities...
...White House proposes a $1.5 billion tide-me-over for Chrysler...
...call from Treasury Secretary G. William Miller, who told him that the suffering No. 3 automaker was going to get the Government aid that it had been seeking since August. Nor would the assistance be chintzy. The Carter Administration had decided to back a federal loan guarantee of $1.5 billion, which was twice what Miller had indicated he would support only last September and a full $500 million more than the company had asked for in the first place. As a result of a confluence of economic and political imperatives, the White House had decided to proceed with the biggest...