Word: cutoffs
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...constant shuttle flights from the nearby town of Marabá, Serra Pelada has become a tropical version of the 19th century Klondike. Around the big stike, which is carved up claim block by claim block, the landscape is a jumble of hovels and open bamboo shelters. Young miners in cutoff shorts and sandals throng the dusty alleyways; grizzled oldtimers wearing floppy straw hats lead their pack mules through the maze. Everywhere, anxious men watch drying handfuls of earth for signs of pay dirt. The ground around them flows with a liquid waste, from the panning and sluicing, that...
...March. Its hold on power, however, remains tenuous because it is caught in a vise between the right and the left. Earlier this year a rightist coup that would have ushered in a full-scale military takeover was quashed at the last minute, mostly because Washington threatened an aid cutoff if it was carried...
...cent, Mitchell L. Adams '66, dean for finance and business, says the power plant's rising costs had nothing to do with the unprecedented leap. Adams says 12 per cent of the rise simply matched the inflation rate, and the remaining 8 per cent will make up for the cutoff of federal capitation funds, part of Congress's recent budget-trimming. "If there were no power plant, we would have had the same raise," he says. But sources close to the Medical School say that even if Adams is speaking the literal truth, rising power plant costs cannot help affecting...
...into fuel. Finally, the bill included a provision to fill the National Strategic Petroleum Reserve. For months the Department of Energy has delayed buying oil for the reserve largely because of opposition from Saudi Arabia. The 750 million-bbl. stockpile of oil would be used in case of another cutoff of petroleum from the Middle East...
That at least is the opinion of oilmen and Government officials. Last week they were considering whether a renewed Iranian cutoff would create havoc in world markets and compel "oil sharing" among the U.S. and 19 other members of the International Energy Agency...