Word: expand
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Dates: during 1970-1979
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Both the surpluses and the deficits will drop when the OPEC countries expand their buying, lending and investing abroad. In stepping up their domestic development plans, they will have to enlarge their imports. This can be accomplished fairly easily by seven of the OPEC members: Iran, Venezuela, Indonesia, Iraq, Nigeria, Algeria and Ecuador. They have relatively big populations and much poverty?hence much need for internal development. The huge problem is that six other, lightly populated Arab states?Saudi Arabia, Libya, Kuwait, Abu Dhabi, Dubai and Qatar?are collecting far more money than they can possibly spend. These six, embracing...
...what they accurately enough called this "crisis of capitalism." From their oil exports, mostly to the West but also to their East European allies, the Soviets earned $2 billion last year. However, Russia will rapidly scrape the limits of its self-sufficiency if it is to meet plans to expand its petrochemical industry and treble auto ownership (to 9 million cars) by 1980. Soon the Soviets will have to restrict oil sales and greatly increase the preferential prices that they charge to their Comecon partners. Last year Poland reportedly had to buy a large amount of Libyan crude...
...flung violently outward, gradually cooling and coalescing into great islands of stars, or galaxies, that are still moving away from one another. Last week, after years of study and calculation, two respected California astronomers, Allan Sandage and James Gunn, made separate but similar announcements: the universe will continue to expand forever...
...religious vows and founded the American Sisters of Charity in Emmitsburg, Md. Before she died of tuberculosis in 1821, she had set up a free parish school in Emmitsburg from which the American Catholic parochial school system evolved, established the first American Catholic hospital and watched her tiny order expand to ten houses...
...held that attracted many of the celebrities who had previously attended the orthodox bash. Now, with the solemnity of king penguins about to bathe en masse in public, the Gridiron has yielded-sort of. The word "persons" has been substituted for "men" in the charter, and membership will expand to 60 over the next five years. Does that mean ten women members by 1980? Not necessarily. Any candidate for admission may still be blackballed by any two active members, and four men voted against the change. The first woman likely to be nominated is Helen Thomas, U.P.I.'s White...