Word: deal
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Dates: during 1970-1979
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...plans to obtain $2 billion a year in foreign exchange by exporting natural gas to the U.S. from the Reforma petroleum field near Cactus. Negotiations with six U.S. companies were almost complete and a 900-mile, $1.5 billion pipeline was under construction when Schlesinger abruptly vetoed the deal because Mexico's price of $2.60 per 1,000 cu. ft. was higher than the $2.16 being charged by Canadian suppliers. López Portillo vowed to burn off the gas and leave the oil in the ground rather than sell it to the U.S. The pipeline was rerouted...
Schlesinger's running war with the Mexicans started in December, 1977 when Foreign Minister Santiago Roel and Petroleum Chief Diaz Serrano came to Washington to seek approval of an already negotiated deal between their government and U.S. pipeline companies for Mexican natural gas. The tentative agreement would have delivered 2 billion cu. ft. of gas per day to the U.S. at $2.60 per thousand cu. ft. More important, the deal would have helped speed up the development of the Mexican oil industry. But Schlesinger dumbfounded his visitors by stating that the proposal was unacceptable; the Mexican price...
Most of those who express concern blame no single party or single President for the end of an era in which America was predominant. But it is now President Carter's job to deal with the situation. Washington's Senator Henry Jackson went down Pennsylvania Avenue a few days ago to talk with Carter and came away believing more than ever that the White House has little notion of how to orchestrate developments abroad. Illinois Senator Adlai Stevenson has called Carter "embarrassingly weak." Stevenson declared that he would like to see "the U.S. stand up to Russian imperialism...
...will have to deal with a lot of small people," Robert Holland, a partner in McKinsey and Company, said to the audience of B-School students and alumni...
Bernstein: To an extent, I think this is something of an embarrassment. It undermines the old identification of China with the anti-imperialist movement; this is something the Soviets make a great deal of. In fact, the Chinese have until fairly recently carefully avoided the appearance of being too close to the United States. As far as Communist 'movements,' there really isn't much of that left. There are various liberation movements supported by the Chinese or the Soviets--in South Africa, for example--but these are insignificant in terms of a solid movement...