Word: exertions
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After the Libyan showdown, the oil companies must agree on a new price with Venezuela and Indonesia before a worldwide pattern of oil prices can be reestablished. The Teheran agreement illuminates the new power over industrial countries that the world's producers of raw materials can exert if they act in unison. Having made his point with oil, the Shah of Iran last week was talking of forming similar groupings of nations that produce coffee, copper, tin, rubber and other commodities to bargain with consuming countries...
...incident did more than reveal the inadequacy of Ambassadorial verification procedures. No disciplinary action was taken against the CIA men responsible. Caught between powerful pressure groups, Sullivan was unable to exert full control over...
...offensive naval capability and thus is forcing the Soviet Union to seek foreign military bases for the first time. Writes T.B. Millar, director of the Australian Institute of International Affairs: "To dominate the Suez passage; to have a major influence in the oil-producing states; to be able to exert political pressure, with modest military backing, at key points during times of decision; and to trade profitably-these are the Soviet Union's apparent intentions. The Soviet Union has today a capability for intervention she has never before possessed...
...Ohio and Richard Schweiker of Pennsylvania and Democrats Alan Cranston of California and Harold Hughes of Iowa. Because this was their first term, they were not accustomed to the quaint ways in which the Senate fails to conduct its business, and they felt frustrated. Saxbe, who knows how to exert power as a result of his experience as a speaker of the Ohio house of representatives, complained last summer that "anyone who thinks being a Senator is fun just hasn't had much." Cranston, equally irked at the sluggish pace, suggested to him: "Quit complaining...
...engineers?or even hardhats?does not affect the behavior of the monopolistic construction unions, which rigidly control access to jobs and concentrate on seeing to it that any of their members who remain at work are well paid. Similarly, Samuelson notes, the law of supply and demand does not exert the same effect on giant companies that it once did on small producers in a simpler economy...