Word: consortium
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Dates: during 1970-1979
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...very great, but they are realistic...Our thoughts were of the possibility of creating a new type of international machinery to channel reconstruction efforts so that they do not become the exclusive concern of any one country and become an international effort. There were thoughts of an international consortium where the Vietnamese would have a very large say because they have a very great distrust for international bodies...
...better than break even; operating profit was $10.7 million, but currency-exchange losses reduced net to $764,000. Prospects are looking better now. Oil demand is booming in Europe, the company's prime market. Occidental has made new oil discoveries in Nigeria and Peru, and last week a consortium that it heads brought in its first well in the North Sea-a promising development, although the potential cannot now be accurately assessed. On the other hand, the Libyan government is moving to acquire 50% of all Western oil interests in the country, an action that would hurt Occidental badly...
Trade relations between the Soviet Union and the U.S. have received another boost: a group of U.S. regional banks and Manhattan's French American Banking Corp. have formed a consortium that will make it easier for relatively small American corporations to sell their goods in Russia. The banks have agreed to lend Soviet import agencies $100 million, provided that the money is used to buy products from the banks' clients. The bankers hope that the availability of credit will entice their clients to search for sales opportunities in the U.S.S.R. The regional banks in the deal are Cleveland...
...said that an "illustrative figure" for U.S. spending might be $7.5 billion over five years, with perhaps $2 billion going to the North. Government officials have not figured out whether the U.S. would give aid directly, as it did under the Marshall Plan, or work through a multi-national consortium. High officials of both the U.S. and North Viet Nam declared last week that they want to normalize relations with each other. The North Vietnamese are accomplished at political balancing acts; by opening relations with the U.S. and accepting U.S. aid, they might well nudge the Soviets and Chinese...
...W.E.B. DuBois Institute for Afro-American Research should be established as a consortium endeavor with black and other colleges and universities throughout the nation with a serious interest in Afro-American Studies...