Word: fixe
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Dates: during 1970-1979
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...members did just that. But after the most fractious meeting in OPEC's history-it was a "bazaar" in the scoffing description of Saudi Arabia's Oil Minister, Ahmed Zaki Yamani-the cartel failed to agree on any uniform price. Instead, each country will fix the cost of its crude. The cartel also failed to set limits on production, as some of its hawks sorely want to do. In fact, the divisions were sharp enough to raise questions about the future of OPEC. While its members' separate price rises will cause immediate pain to the rest...
...conference moved into Yamani's hotel suite for a marathon twelve-hour session. While the Saudi minister padded back and forth serving English tea, and his guests munched on Algerian dates, an idea was floated to lift Arabian light oil to $26 as a new floor price, but fix a ceiling at $30. This was rejected by Libya, Algeria and Iran...
Walter B. Wriston, Citibank chairman, joining a coalition of chief executives who hope to increase business influence in New York: "In Pittsburgh, you can get 20 guys in a room and build the Golden Triangle. In New York, you can't get 20 guys to fix a parking ticket...
...inconvenience in serious ways. Yes to insulation, no to public transportation. Write to the nice people at Vermont Castings for a Defiant wood stove brochure, set aside, for the moment, the necessity to think through a profound unease about nuclear power and a disbelief in the quick fix of synthetic fuels. Get through the winter, and make the tough decisions later...
...also resigned, and left town on vacation, offering no explanation. After lengthy meetings with Mrs. Catherine Rohter, Carey's replacement as school board president, two of Hannon's top financial officials resigned. Mrs. Rohter let it be known that she had been unable to obtain an accurate fix on school finances, despite round-the-clock investigation by a high-priced firm of accountants. Even so, depressing details began to dribble out: to meet expenses, administrators had failed to set aside $15.9 million in federal withholding taxes due the Federal Government and $5.3 million in teachers' pension funds...