Word: embargos
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Dates: during 1970-1979
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...coldest American winter in two centuries. Now, with a new President and a cautious Administration just entering its sixth month, the U.S. seems in full moral convalescence from the years that gave it assassinations, urban riots, a lost war, an abdicated President, severe recession, inflation and an oil embargo...
...Jewish community. He stilled doubts by asserting that Israel should maintain control of the Golan Heights and Jewish and Christian places of worship in Jerusalem. He also pledged to continue military aid, and he promised to wage an "economic war" against the Arab states if they imposed another oil embargo...
...guaranteeing them a share of the pipeline's riches. Environmentalists insisted that the wildest of America's frontiers be protected, its delicate balance of nature left undisturbed. Not until the spring of 1974 did the bulldozers start moving; they began then only because the Arab oil embargo pressured Congress into passing a law giving the go-ahead...
...despises Erbakan's erratic ways and irresponsible politics, might accept the Salvationists as allies, but then ignore them. Washington is uncertain about what an Ecevit government will mean for still strained Turkish-U.S. relations. Meeting newsmen last week, Ecevit warned that the continuation of a Congress-imposed embargo on military aid to Turkey will have "certain inevitable impacts on [our] contribution to the collective security system." He spoke vaguely of forming a new "national defense concept" that "need not be in conflict with our membership in NATO." Ecevit did not spell it out, but he seemed...
...highway-construction business. Instead, he and a cousin revved up the company, branched into trucking and started hauling coal. The partners took over a money-losing coal company and started acquiring leases on vast carboniferous acreage. When coal prices soared in the wake of the 1973 Arab oil embargo, Burford struck it rich. He struck it even richer last fall by selling his biggest holdings for $10 million, retaining royalty rights that could net him and his partner another $10 million. The sad thing, says Burford, is that "nobody else can do what I did. The regulatory facts of life...