Word: embargoing
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...Arab oil embargo of 1973-74 gave Hawaii a frightening lesson in the vulnerability of its energy lifelines: the islands rely almost entirely on outside oil for fuel. Last year they used more than 45 million bbl., or $1.5 billion worth, nearly two-thirds of it from foreign sources. "Hawaii is more dependent on imported oil than any other state," says Kent Keith, deputy director of Hawaii's department of planning and economic development. But Keith points out: "Our potential for energy self-sufficiency may also be greater than that of any other state." In the past ten years...
...best glimpse of Shultz's operating style has come during the contretemps over the Administration's attempt to force allies to abide by the U.S. embargo on equipment for the Soviet natural-gas pipeline from Siberia to Western Europe. A former Secretary of the Treasury, Shultz has always been leery of the use of economic sanctions. He personally doubted that the embargo would be effective, but nonetheless has acted as a team player. He began by holding a number of wide-ranging discussions with a brain trust of advisers around his small, rectangular conference table. Said one official...
...five-day trip to the Soviet port of Riga, they caused an immediate intensification of the long-running dispute between the U.S. and its Western European allies over Washington's sanctions against the Soviet natural gas pipeline. The shipment amounted to an open French challenge of the U.S. embargo: each of the crates contained a French-made and U.S.-designed compressor that will help propel Siberian gas through the 3,000-mile pipeline. It was the first delivery of such pipeline equipment by any Western supplier...
...question of jealously guarded sovereignty and large contracts for industries plagued by unemployment. As the U.S. sees it, however, the Soviet-supported clampdown in Poland demands a united show of Western force just as did Britain's war in the Falklands, during which the U.S. joined an allied embargo against Argentina. Perhaps more practically, President Reagan must maintain face. If he is to placate his right wing, already restive over his tax bill and his murky policy on arming Taiwan, he must not be seen as soft on the pipeline issue...
...Bonn government agreed to give the company another injection of funds, in the form of export credit guarantees, bank loan write-offs and new bank credits amounting to $470 million. Events, though, were rapidly running against the troubled colossus. In June, President Ronald Reagan suddenly broadened the U.S. embargo on sales of American products for the planned Euro-Soviet gas pipeline, endangering a $260 million AEG-Telefunken contract to deliver to the Soviets 47 gas turbines that are being built under a U.S. license. Durr's ambitious program to restructure the company, called AEG '83, was stillborn when...