Word: easterns
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Dates: during 1970-1979
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...less privileged Muslim states in the form of low-cost loans and gifts. By comparison, U.S. foreign aid last year amounted to only one-third of 1% of G.N.P. Mahbub Haq, an economist with the World Bank, foresees a billion-dollar World Muslim Foundation, financed by oil-rich Middle Eastern states, that will organize and provide aid for poor Islamic nations that adhered to the faith even during its years of ebb and decline. Says he: "The Muslim countries need their own OECD...
...Trudeau years failed to resolve the alienation of the newly resource-rich Western Canadian provinces, which feel that their growing economic clout is not matched by commensurate political influence in the central government. The Westerners served for decades as a captive market for high-priced manufactured goods from Eastern Canada. Now that they have come into their own, oil-producing Alberta and Saskatchewan are resentful that the Trudeau government has claimed a slice of their petroleum revenues to subsidize the price of imported oil, on which most of Eastern Canada depends...
...said that the Administration would take action to slice through the bureaucratic barriers that have bogged down plans by Standard Oil of Ohio for a pipeline to carry Alaskan oil from California to Texas. The pipeline would enable some 350,000 bbl. per day of Alaskan oil to reach Eastern markets, thereby displacing the need for an equal amount of imports...
Airbus sales did not begin to take off until last year, when Eastern Air Lines bought 23 of the $33 million A300s. Since then the backlog of Airbus orders has doubled, to $6.3 billion; today the firm accounts for one out of three sales of new wide-bodied planes. Indeed, since last year, it has sold almost as many wide-bodies as Boeing and more than McDonnell Douglas and Lockheed. These two companies have run out of steam because neither has launched a new model for the short-to medium-haul market. Says the consortium's French president, Bernard...
...ARCO and nine other oil companies signed a $28.7 million settlement of a suit charging them with fixing gasoline prices in three Eastern states from...