Word: ductions
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Dates: during 1970-1979
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This feeling of confinement becomes a crucial stylistic element. The cast, in tact from the original Royal Court pro duction, is exemplary. Besides the plea sures of discovering unfamiliar talent - the cast works largely in British theater and television - it is fine to watch Alan Bates' shrewd, divisive Andrew...
...energy crisis, one seriously hurt group of victims has been getting rel atively scant attention: the developing nations. Though these countries use comparatively little fuel, the hopes of their burgeoning populations are pinned firmly to the growth of oil-burning in dustries. The moment that Arab oil pro duction was cut back, their best-laid plans for industrialization began falling apart. Now the Arabs have eased the production cutbacks, but have simultaneously decreed astronomical price boosts that many poor nations of the Third World simply cannot afford...
...industrial picture is equally gloomy. The government has revised its projected growth rate from 10.7% downward to 6%, but forecasts of zero or even minus growth abound for 1974. Last week's announcement by the Arab countries that they intend to cut oil pro duction another 5% in January could lead to a disastrous 20% to 30% shortfall in deliveries. Yoshiya Ariyoshi, chairman of the Mitsubishi-owned N.Y.K. shipping line, calls the situation an economic Guadalcanal-"the point of farthest advance where the steady retreat began." Like many other businessmen, he considers a depression a real possibility...
...live within the budget. Said Nixon: "It is very disconcerting to note that al ready before the Congress are spending proposals which, if enacted, would bust the budget to the tune of at least $6 billion." Yet, in a quick turnabout, he ruled out any substantial saving from are duction in military spending...
...engines. But Lockheed will have to put up an estimated $80 million to $100 million to develop the modified plane, and it does not now have the money. It has already used up $150 million of its Government-guaranteed loan, and will need the rest merely to continue pro duction of the conventional TriStar. Haughton says he is planning to raise the needed cash by floating a new bond issue, but how well it would sell is in some doubt...