Word: cutoffs
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...look very closely at the photograph of the captured mosque invader [Dec. 17] you will see that his arms are not tied behind his back-they have been cutoff...
...Later, Carter's aides concluded that the danger of a political setback in Iowa would be offset by the image the President would project: a tough leader willing to put national security needs above the "parochial" farm interest. After Carter's TV address, an aide described the gram cutoff and accompanying measures as "the strongest action taken by the U.S. against the Soviets in 20 years...
President Carter's retaliatory measures will pinch but they are unlikely to punish the Soviet Union seriously.His principal move-the cutoff of grain sales-is a good show of short-term strength, yet its long-term value is arguable. Says Richard Kjeldsen, senior international economist for the Security Pacific National Bank: "I cannot think of a single unilateral embargo that has been effective. Nor can I think of an instance in the past when wheat-producing countries have actually got together to function in some concerted, cartel-like operation. An embargo on grain shipments is simply a very leaky...
...example, the Australian government supports the U.S. on the hostages but has continued its exports of meat and wheat to Iran, which this year will total $140 million. Similarly, Iran is importing eggs from Turkey, poultry from Rumania and rice from Thailand. Tehran is making up for the cutoff of U.S. medicines by buying some 600 pharmaceutical items from Japan, ranging from aspirin to antibiotics. It is importing U.S.-manufactured oil-drilling equipment from Rumania and could obtain spare automobile parts from a General Motors Corp. assembly plant in any third country. True, the shops in Tehran may no longer...
...Iranian oil cutoff and ever higher OPEC prices have raised the possibility of still further energy action. "It is clear that we must embark on new initiatives in all sectors and rethink what is possible," says Deputy Energy Secretary John Sawhill. He adds that the Administration is considering ways to boost gasohol production, force utilities to use more coal and other oil conservation measures. Such proposals would save as much as 600,000 bbl. of oil per day; up to now, the U.S. has been importing some 700.000 bbl. daily from Iran...