Word: consortiums
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Million by million, though, the Hunts have put together a sizable care package for themselves. In January and February a ten-bank consortium loaned a subsidiary of the Bache Group, the brothers' main broker, at least $233 million, which was backed by 17.5 million oz. of silver. By early April Placid Oil, the Dallas oil company owned jointly by Bunker, Herbert and the four Hunt children of their father's first marriage, was negotiating a nine-year $1.1 billion loan...
...opposed to the construction of the experimental fast-breeder on the bank of the Clinch River in Tenn. Skeptics argue that Super Phenix, which will cost $1.5 billion-a conventional reactor costs $1 billion-is too expensive. But the plant's builders, a French-Italian-West German consortium, counter that the fast-breeder's electricity will be competitive with oil-generated power. The bonus, says Giscard, is that "if uranium from French soil is used in fast-breeder reactors, we in France will have potential energy reserves comparable to those of Saudi Arabia...
...compared with U.S. exports for the same year, mostly in the form of grain and other farm produce, worth only $3.3 billion). West Germany, Italy and France are counting on Soviet natural gas to help meet energy demands in the oil-scarce years ahead, and a Western European consortium will build a pipeline to bring the gas west. The U.S.S.R. is also providing 30% of the enriched uranium that fuels European nuclear reactors. West Germany is also anxious to avoid new Soviet pressures against West Berlin or any interference with visits of its citizens to East German relatives...
...from being stingy; it was acting out of vital concern for the fate of Pakistan. Seeking to reassure Zia that more support would be forthcoming, Washington pressed forward with quiet negotiations with its Western allies, some friendly OPEC nations and China to establish an informal "consortium" that would supply the Islamabad government with additional military and economic assistance...
...billion contribution to the U.S. balance of payments. Until the mid-70s, U.S. planemakers had about 80% of the commercial market in the non-Communist world. But the technological success of the Anglo-French Concorde convinced Europeans that they could become powers in mass-transport aircraft competition. The Airbus consortium of West Germany, France, Britain, Spain, The Netherlands and Belgium rolled out the economical A300 and smaller, more advanced A310 models, and lately they have captured 40% of the commercial market...