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...last week to get its long-stalled national and global energy programs moving again. While Secretary of State Henry Kissinger was in Paris urging a new conference of oil producers and consumers, President Ford took to national television and ripped into the Democratic-controlled Congress for doing nothing but "drift, dawdle and debate" on domestic energy policy. The President theatrically tore leaves off a calendar to demonstrate that he had been waiting since February for some sort of energy legislation. He then announced that he would go ahead with his own controversial, twice postponed plan to hike energy costs...

Author: /time Magazine | Title: ENERGY: Ford Goes It Alone on Oil | 6/9/1975 | See Source »

Frelimo gets high marks-even from expatriate businessmen-for dedication and organizational ability. But there is fear that the movement will drift away from the African socialism that it now espouses toward authoritarianism...

Author: /time Magazine | Title: MOZAMBIQUE: Countdown to Independence | 5/26/1975 | See Source »

Griliches is disturbed by the drift among future economics stars away from Harvard and attributes it mainly to the department's reputation for "impersonality and coldness," which was highlighted by an article in The New York Times after Leontief's announcement and by word-passing and gossip in other universities' economics departments...

Author: By James I. Kaplan, | Title: Students Vote With Their Feet, Too | 5/16/1975 | See Source »

After almost six years of drift, depression and disaster, prosperity seems to have returned in force to the U.S. stock market. Paced by a swelling optimism that the worst of the recession could well be over, Wall Street's fortunes have turned decidedly upward. Last week, in a bullish performance typical of many since the beginning of the year, the Dow Jones industrial average spurted 29 points to 819, a high for the year, before backing off to 808 on Friday. Still, that was 230 points above the widely watched index's twelve-year low of 578 last...

Author: /time Magazine | Title: WALL STREET: Prosperity Blunts 'Mayday's' Edge | 4/28/1975 | See Source »

...most rules of diplomatic logic, the assassination of Saudi Arabia's King Faisal and the collapse of U.S. Secretary of State Henry Kissinger's latest efforts at shuttle diplomacy (TIME, April 7) should have led to a period of drift in the Middle East and perhaps of rising tensions. Instead, thanks to an unexpected move by Egyptian President Anwar Sadat, the next three months might still see some progress toward a second-stage disengagement agreement between Israel and Egypt...

Author: /time Magazine | Title: MIDDLE EAST: Egypt's 'Diplomatic Pre-Emptive Strike' | 4/14/1975 | See Source »

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