Word: breakups
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...suddenness and openness of the break astonished Western and Japanese oil-company experts and government officials, who at first refused to believe that OPEC had split into a two-tiered pricing system. Some experts hailed the news as a sign of OPEC'S breakup. Said Noboyuki Nakahara, a senior executive of one of Japan's largest oil refineries: "If true, [the split] could mean a virtual collapse of the OPEC price structure." Others more cautiously warned that OPEC could eventually get its act together again by agreeing on the Saudi price, the price of the majority eleven countries...
...atmosphere of growth, few cared. But all that has changed since 1974, when Miki stepped in as the L.D.P.'s compromise choice to replace disgraced Premier Tanaka. The L.D.P.'s decline may be hard to reverse. Says one high Miki aide: "I would not rule out a breakup of the party. We're in for a period of basic political realignment in Japan...
Reischauer said although it is unlikely that any of these groups will take over the position of the slipping Liberal Democratic Party, he predicted a breakup of that party within the next five years and its replacement by a center coalition...
Craig noted that a party breakup could be precipitated if Miki decides to leave the party and take his supporters with him rather than accept deposition...
...G.O.P. has thus missed many opportunities to broaden the party. A few years ago, the Republicans were given a solid chance of becoming the dominant party in the South because of the breakup of the segregationist Democratic Party. But it was the Democrats who renewed themselves, welcomed the black voter whom they had formerly shunned, and became more entrenched than ever...