Word: canadians
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Dates: during 1970-1979
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Since losing his first two bouts against Army, the 17-year-old Canadian has won every one of his subsequent tests...
...over the protest of the four non-U.S. banks involved, to declare the default. The U.S. banks could use the Iranian assets frozen a week earlier to offset their own $300 million share of the loan, but the non-U.S. banks (two Swiss, one British and one Canadian) had no such recourse. Their only options were either to activate a so-called cross default clause and foreclose on the Iranian government in court for the remaining $200 million, or to refloat their share of the loan independently of the U.S. banks. Said one angry European banker: "This...
...hulls of pleasure boats were discolored by discharges from the steel plants of Gary, Ind., the oil refineries of Hamilton, Ont., and the paper mills of Green Bay, Wis. Raw sewage was regularly added to the noxious brew. Said a 1970 joint U.S.-Canadian report: "Approximately one-third of the United States shoreline [on Lake Erie] is either continuously or intermittently fouled with bacterial contamination...
Much of the easier, partly cosmetic work has been accomplished. The globs of oil, the multicolored industrial discharges, the flotsam from shoreline cities, the fecal and bacterial wastes are no longer dumped in the lakes in vast quantities. According to the International Joint Commission, the group overseeing the U.S.-Canadian agreements to clean up the waters, more than 600 of the 864 major dischargers into the Great Lakes now meet the tough new water-quality regulations. In the past ten years U.S. and Canadian municipalities have spent more than $5 billion to improve sewage treatment plants. Industries, often prod...
...most important omens for the future of the lakes is the sharp reduction in the amount of phosphorus dumped into them. A 1972 U.S.-Canadian agreement lowered the levels of phosphates that municipalities were allowed to dump into the water, and most towns along the shores and on rivers emptying into the lakes are well on their way toward meeting those requirements. The significant exception is the city of Detroit; it continues to dump three times the permissible levels into the Detroit River, which flows into the western end of Lake Erie. One of the largest sources of the harmful...