Word: closed
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Dates: during 1970-1979
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...jogging, swimming, golf and tennis was disrupted three weeks ago by a power failure; his panicky guards believed that a death squad from the Palestine Liberation Organization had attacked. More recently, a group of Bahamian intellectuals has been agitating to have him expelled. Last week one of his close confidants told TIME that the Shah was considering a permanent haven in a Latin American country, perhaps Panama or Mexico...
Egypt was also suspended from the Organization of Arab Petroleum Exporting Countries and will thus lose its shares in three inter-Arab companies with a total capital of $2.8 billion. Although it did not specify exactly when the decision would take effect, the Arab Civil Aviation Council voted to close Arab airspace to Egypt's national airline, EgyptAir, and ordered its 17 member airlines to suspend flights to Egypt...
...attain victory. I would like the American people to realize that their genuine, true friends are here in this country. I have every confidence that we can continue our friendship. There is a Chinese expression that no one can wield a knife to cut the ties between two close friends...
...started with some intoxicating cracks about "three-martini lunches" and grew into bigger shots at "excessive profits," "massive rip-offs" and "guideline violations." Jimmy Carter's relations with Big Business, never warm or close, have become even cooler and more distant as the President and his lieutenants have poured out inflammatory business-bashing rhetoric. The assaults are particularly troubling because they come at a time when the nation can ill afford more divisiveness. "Every big businessman is wondering when it will be his turn," says Forrest Rettgers, chief lobbyist for the National Association of Manufacturers. "Carter is shooting...
Since Bert Lance left, the White House has suffered by not having any top ambassador to business. Robert Strauss got close to the job for a while, but then was sidetracked into foreign trade and Middle East policy. Businessmen consider Treasury Secretary Michael Blumenthal to be too wounded by sniping from the White House's Georgia Mafia to be an effective envoy. Commerce Secretary Juanita Kreps is the Cabinet's best bridge between the White House and business, but, says Jack Carlson, "she heads a weak Cabinet department and does not have the clout...