Word: expectation
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Dates: during 1970-1979
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What if the F-15 deal fell through? The Prince answered obliquely: "We believe we have legitimate requirements for defense, and we are certain that we have always behaved like good friends to the American people. Quite naturally, we expect that the American people reciprocate our good feelings and translate this into action. The final decision. however, is left to the makers of American policy...
...What consequences did you expect...
...Saudis have emphasized that their present oil policy would not be affected, either way, by U.S. action on the F-15, though Prince Fahd acknowledges that his people expect the U.S. to reciprocate the Saudis' "good feeling and to translate it into action." Oil Minister Yamani is a bit more blunt. "Even if the F-15 sale should be killed, I don't think we would react immediately," he says. "We would continue our program to expand our production capacity. But we would have far less enthusiasm to cooperate with the U.S. at the same speed as before." He adds...
...board members expect inflation to remain high, perhaps dangerously so. Greenspan calculates that the consumer price index for April, lifted by food prices, matched March's jump of 10% at an annual rate. In the second half, however, he expects "marked slowing" in retail food prices to bring inflation down to about 6%, resulting in a rise in prices of 6.5% for the year as a whole. Sprinkel makes a grimmer projection: inflation will top 7% in every quarter of 1978 and hit 7.6% in December. Says he: "We have thrown away all the gains against inflation we made...
...mainly appealing about Reynolds' work in The End is his sheer gallantry. He allows his co-stars to up stage him; he lets one actress, the wonderful Kristy McNichol (of TV's Family), steal the movie in a minor role. That is the kind of generosity audiences expect from Reynolds, but when he directs again he should cut it out. As the chaos of The End indicates, overly nice film makers finish last...