Word: buildings
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Dates: during 1970-1979
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...firm operating in more than one country will not deliberately choose unnecessarily costly locations to build its products. To do so would mean losing profits that could be made by manufacturing products at more efficient locations. In the intensely competitive worldwide market in which GM operates, such a patently inefficient procedure would probably make it impossible for GM to make any overseas sales at all. As you recognize, moreover, multinationals "benefit the U.S. because much of their profit is returned home in the form of retained earnings." In 1977 GM's total international transactions resulted in a net inflow...
...poker game of U.S. -Soviet relations (Moscow has already roared in protest against both the term and the concept). But Brzezinski and other policymakers realize that whenever they play the card, they are going to have trouble with conservative critics on Capitol Hill. Therefore they are moving quietly to build bipartisan support for normalization. For example, the Lord, Day & Lord attorney who has be come an "outside counsel" to the Carter Administration on this problem is Herbert Brownell, 74, who not just coincidentally was President Eisenhower's Attorney General and has been an active and influential member of the Republican...
...charter is to build up a military bloc on Israel's northeastern border that would be strong enough to worry the Israelis into making concessions, but not threatening enough to provoke an Israeli pre-emptive strike. Iraq is the Arab world's second largest oil producer (after Saudi Arabia) and has a large, Soviet-supplied army. It would like to station some of its forces in Syrian territory opposite the Israeli border, but after their years of quarreling with the Iraqis, the Syrians are reluctant to accept such an arrangement. According to Iraqi sources, the new agreement will merely permit...
...across-the-board wage increase for at least 1 million workers, and for subsidized housing and other social projects, the Shah has canceled $7 billion worth of American and European military orders, including the controversial U.S. AWAC airborne warning system. He is also scrapping plans to build 20 nuclear plants, a modern railroad and a subway system for Tehran...
...crops to prop the price; federal purchases these days are limited to small amounts for foreign aid, school-lunch programs and the like. Instead, the Government encourages farmers to store on their own land any produce they do not want to sell immediately, by offering low-interest loans to build storage facilities. All over the Midwest, shiny new galvanized-metal bins with conical roofs have become as prominent as the traditional white frame farmhouse...