Word: deal
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Dates: during 1970-1979
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Whoever was responsible, the incident may be a blessing in disguise for French President Valéry Giscard d'Estaing. The contract with Iraq was engineered in 1975 by then Premier Jacques Chirac, with Giscard's approval. The deal was kept secret until the following year. Then it was announced as a commercial agreement between several French companies and Iraq, rather than an accord between two nations, thus allowing the arrangement to escape an acrimonious debate in the French parliament. After Chirac's resignation in 1976, Giscard "began having second thoughts about the contract. He feared France...
...stories provoked public outrage and pressured Distillers to raise its original settlement offer sevenfold, from an average of about $25,000 per child to $175,000. The articles were clearly in contempt of court. But the Sunday Times managed to avoid fines and jail terms by striking a deal: it agreed to show its final-and most damning-article to the government before publishing it. That article, detailing how Distillers had been negligent in selling the dangerous drug in the first place, was firmly banned by a lower court. The paper appealed, but the Law Lords who act as Britain...
...legacy of earlier "separate but equal" racial laws. Though all schools are now open to blacks and whites alike, only 6% of full-time undergraduate students at the white schools are black, while at the black schools, only 4% of such students are white. There is also a good deal of pro gram duplication at local black and white campuses...
Though the Seven Sisters dominate the industry, their influence and power are actually being cut down by the energy upheavals of the 1970s. This winter the worldwide shortage of crude has encouraged one nation after another, and numerous independent oil firms, to deal directly with OPEC, in effect short-circuiting the big multinationals. Says Thornton Bradshaw...
...titans from petroleum states. The industry still has powerful legislative pals, notably Louisiana Democrat Russell Long, chairman of the Senate Finance Committee. But legendary figures like Lyndon Johnson and Sam Rayburn of Texas and Oklahoma's Robert Kerr are long gone. Now the industry has to deal instead with all 535 members of the House and Senate. Explains one leading oil lobbyist: "The industry realizes that it has to speak to everyone and it tries. We let the facts speak for themselves...