Word: clearings
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Dates: during 1970-1979
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Like mushrooms after a spring rain, nuclear plants in recent years have sprouted all over the globe. The reason is clear: as the price of oil becomes ruinously expensive, and oil's availability more uncertain, most nations must take steps to acquire alternate sources of energy. But the spread of this potent technology has also led several countries to try to acquire nuclear weapons on their own. Persuading them not to do this has become a desperate diplomatic crusade of the Carter Administration. Washington's opposition to expanding the nuclear club is often at odds with other vital...
Many of Britain's 35 million voters agree that the May 3 general election could be the country's most significant since World War II. If nothing else, the electorate will be presented with a clear choice, not an echo. Labor's standard-bearer is avuncular James Callaghan, 67, a soothingly familiar leader of his party with a simple message: jobs and trust. His Tory opponent is Margaret Thatcher, 53, determined to become not only Britain's first woman Prime Minister but a rigorously conservative one as well. Her message to the voters was equally plain...
...Open up government purchasing to international competitive bidding. Despite the new code, Japan has refused so far to allow outsiders to bid for some of its most lucrative government business. That action has incensed the U.S., as Strauss made clear in talks last week with Japanese Foreign Minister Sunao Sonoda...
LICHTBLAU: When you decontrol and raise the price of oil, less will be consumed. But whether more oil will be found is not clear. There will be some additional production, and more money will be spent to get secondary and tertiary recovery from older wells...
...message is clear: "With inflation, we have in effect been raped by Government. Federal borrowing is the pervert that did it, and inflation is the weapon of coercion." Inflation, he warns, will get totally out of control and lead to an economic smashup. "The juggernaut is headed for the precipice," he declares in his book. When it reaches the brink, he says, the banks will collapse, Social Security will be worthless, the machinery of Government will break down, and the cities will become chaotic...