Word: billions
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Dates: during 1970-1979
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Bank of America currently has mainly short-term loans outstanding to South Africa that comprise a small percentage of the company's $49 billion worth of outstanding loans, Greene said...
...Senate yesterday approved a $546.3 billion budget for fiscal 1980 which may mark a shift in priorities from domestic programs to increased military spending...
...Senate approved the defense spending hikes by a 62-36 vote after agreeing to force $3.6 billion in savings, mostly from social programs...
Under the Senate's proposed budget, the deficit would rise to $31.6 billion, compared with the expected 1979 figure of approximately $30 billion...
...many as in all the rest of the noncommunist world combined." Shale oil would cost far more than conventional oil and takes too long to develop--"a production level equal to about half of one percent of U.S. oil consumption--100,000 barrels a day--would require a billion dollars and a decade"--as well as using enormous quantities of water, which would incite the opposition of farmers and ranchers. On divestiture, Stobaugh writes...