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...Middle East. Further, in a side trip to two economic conferences in Paris, Kissinger promised that the U.S. would begin building what he called a "new order" in the world economy. He signaled American willingness to talk with developing nations about stabilizing prices for raw materials like copper, rubber and cocoa as well as oil. In a related step aimed at impressing the OPEC cartel that the U.S. is determined to conserve energy, Ford imposed a second $1-per-barrel tariff on imported oil and proposed phasing out price controls on domestic oil later this month (see ECONOMY & BUSINESS...

Author: /time Magazine | Title: FOREIGN POLICY: Ford in Europe: Blunt Words, Healing Balm | 6/9/1975 | See Source »

With an expanding tax base, plus the oil taxes and royalties, Alaska will finally have an opportunity to develop further its enormous natural resources. The state's challenge will be to find much more orderly ways of tapping its large reserves of fluoride and tungsten, rich deposits of copper, iron ore and zinc, plus at least 1 trillion tons of coal-enough to supply the U.S. for about 1,800 years at current consumption rates...

Author: /time Magazine | Title: ALASKA: Rush for Riches on the Great Pipeline | 6/2/1975 | See Source »

...have trouble making a living. But I never worried." In the 15 years following his release from camp, besides working for that Moscow medical publishing house, Dolgun translated many English-language scientific books into Russian. In camp, he also tried his hand as an arc welder, a copper miner, a lock smith and an electrician. "Coming back to my own country should have been the easiest thing for me," Dolgun says...

Author: /time Magazine | Title: Books: Dear America | 6/2/1975 | See Source »

Even before the Organization of Petroleum Exporting Countries began jacking up oil prices in 1973, prices for other raw materials were breaking records. Spurred by shortages and rampant speculation in commodities markets, prices for such staples as copper, rubber, cocoa, coffee, platinum and cotton rose sharply; some had doubled or tripled by mid-1974. But after the oil crisis helped push the West into recession, commodities prices tumbled, in some cases to a third of what they had been at the peak. Copper, for example, rose nearly 300% in 17 months, peaking at $1.40 per Ib. a year ago; this...

Author: /time Magazine | Title: COMMODITIES: Stabilizing World Prices | 5/26/1975 | See Source »

...life in Saigon was very much integrated with the war. You heard helicopters circling the city all the time. Once last summer I went into a handicrafts center to buy gifts for friends in the States, and the people were selling beautiful carved copper vases made out of bullet coverings, the part that remains after the shell is fired. Life was so closely tied to the war that works of art were made from weapons...

Author: NO WRITER ATTRIBUTED | Title: Suong-Hong Nguyen-Thi Won't Return | 5/23/1975 | See Source »

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