Word: factoring
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Dates: during 1970-1979
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...prices raised to 90% of "parity," an antiquated concept founded on the argument that farm prices should have been rising as fast as nonfarm prices since World War I. Agriculture Department economists scoff at this demand; they say that 90% parity would drive retail food prices -the biggest single factor in the U.S.'s inflation problem -up by 16% this year, on top of the 10% increase...
...loper on his way to the Capitol. These days, however, nearly half the Senate is running in office. The freshman Republican class are avid members of the shin-splint generation, and six of them suited up one morning at sunrise to puff on the mall. Despite a wind-chill factor of 0°, Wyoming's Senator Alan Simpson, 47, Virginia's John Warner, 51, New Hampshire's Gordon Humphrey, 38, Minnesota's David Durenberger, 44, South Dakota's Larry Pressler, 36, and Iowa's Roger Jepsen, 50, enjoyed their informal caucus. Says Simpson...
Joseph S. Nye, professor of Government and former Undersecretary of State: I don't necessarily think the United States has to get involved in any military sense in the case of a Sino-Soviet conflict. I think politically the American role has to be at least a background factor in any conflict. The uncertainty about how the Americans will react--since they are the background factor in any three-party game--will be felt. But I don't think it follows that we have to get involved directly in any military sense...
...late to repair relations between the Shilte leader and the U.S. Mehdi Bazargan, a Khomeini adviser in Tehran with broad political experience who is often mentioned as a potential government leader, emphasized to U.S. officials recently that a beneficial working relationship is "most definitely possible" with Washington. The crucial factor, he insists, is that any future trade relationship be based on an equitable exchange of goods and not distorted by extravagant sales of sophisticated weapons. At the same time, Khomeini's top economic adviser, Hassan Abdul Banisard, has implied that oil production will probably have to be cut in half...
...failed to consider one very important factor in the situation, the Majlis or Iranian parliament, which voted soon afterwards for the immediate seizure of the oil industry and then named Mossadeq prime minister in April. Mossadeq immediately began talks with the Anglo-Iranian Oil Company to finalize nationalization and the following year commenced his attack on the royal prerogatives. His actions were seen by the CIA as evidence of a desire to create a communist state. Dulles stated bluntly later that "Communist...stooges took over power in Iran in 1953." This misinterpretation of Mossadeq's nationalism followed from cold...