Word: extended
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Dates: during 1970-1979
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...most extravagant Christmas gift a bountiful Uncle Sam has ever given a U.S. company. Just before recessing for the holidays, Congress last week agreed to extend an extraordinary $1.5 billion loan guarantee to the ailing Chrysler Corp. and sent the measure to the White House for Jimmy Carter's signature. The gigantic bailout, dwarfing the $250 million Lockheed loan guarantee of 1971, is designed to save from bankruptcy the nation's third largest automaker and tenth ranking manufacturer (1978 sales: $13.6 billion). With Chrysler's losses mounting daily, its 1979 deficit is almost sure to exceed...
...deposed monarch, Jimmy Carter dispatched White House Chief of Staff Hamilton Jordan to Panama City to talk with Strongman Omar Torrijos Herrera. The two men had developed a good rapport during the Panama Canal treaty negotiations in 1977, and after a long afternoon session with Jordan, Torrijos agreed to extend a firm invitation...
...taken against it by the U.S. The biggest difficulty has been surmounting the international banking tangle caused by Carter's order last month freezing more than $8 billion in Iranian assets held by U.S. banks. Because of it, no sizable bank anywhere in the world is willing to extend credit to Iran. Most banks are also unwilling to handle Iran's international transactions, with the important exception of the Swiss and Japanese. They have made it possible for Iran to keep making oil sales, which amount to about $1 billion a week...
Last week firsthand testimony about Viet Nam's determination to extend its authority over every corner of Cambodia emerged from three of the 120 Vietnamese army deserters who have turned up among the thousands of civilian refugees still streaming across the border into neighboring Thailand. Interviewed by TIME Hong Kong Bureau Chief Marsh Clark at a Thai military prison near the border town of Aranyaprathet, the deserters provided details about the continued warfare between Hanoi's army and the remnants of Pol Pot's Khmer Rouge forces, and about what is fast becoming the complete "Vietnamization...
...Among other things, Father Jacobus reports that the water of a Roman spring turned to oil on the day Christ was born. But the most touching Nativity tales turned up in 14th century English mystery plays. In the York Cycle, a medieval playwright gives Mary rhymed lines that brilliantly extend the spirit and simplicity of Matthew and Luke: Now in my soul great joy have I am all clad in comfort clear; Now will be born of my body Both God and man together here...