Word: deal
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Dates: during 1960-1969
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...access to enough crude oil to permit expansion. So the companies .agreed to have Sohio take over BP's U.S. marketing, with BP supplying Alaskan crude and ultimately acquiring a 54% interest in Sohio for a price of about $1 billion. The ingenious deal, like BP's earlier purchase of the Sinclair stations, will not require the British company to lay out a shilling now; the price is to be financed largely out of BP's eventual revenues from the sale of Alaskan crude. The combination would create a company able to compete aggressively against oil giants...
...government's economic thinking. Israel's Zionist founders scorned commerce and were more interested in agriculture and socialist ideology than in industry. Thus the Jewish talent for business was late to bloom in Israel. Civilian managers often lacked the skills to run modern industrial corporations or to deal with foreign investors on anything like equal terms. Lately, the government has concluded that Israel's future security depends almost as much on a strong economy as on a tough army. Last year the gross national product increased 13%, to $4 billion, and overall investment shot up 44%. Suddenly...
...student-Faculty committees which the report recommended would deal, respectively, with undergraduate education, graduate education, and "students and community relations." The last of these would replace the present Student-Faculty Advisory Committee (SFAC...
...addition, the report suggested that 11 students with full voting powers be added to the present Committee on Houses, which should be broadened to deal with other "issues of undergraduate concern." The now Committee on Houses and Undergraduate Life, as it would be called, would deal "with such issues as a review of the Regulations for Students in Harvard College and the procedures and machinery for dealing with infractions of these regulations, rules governing undergraduate organizations, the operations of various offices which supply services to undergraduates, and related matters of particular concern to undergraduates...
...Fainsod report also recommended inclusion of students on such committees as the Library, Athletics, Dramatics, Graduate and Career Plans. Student Activities, and Study Counsel. But, it added. "we do not believe it to be wise or appropriate to include students as members of research or degree committees which deal with purely Faculty matters or which are engaged in making professional judgments about the qualifications of students for degrees...