Word: flows
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Dates: during 1970-1979
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...would keep it clamped on until the Israelis agreed to a complete pullback behind 1967 borders. Simon expects that if there is a political solution to the embargo, "there will be compelling reasons to roll the price [of oil] back." Yet even a quick restoration of the Arab oil flow would not ease tight supplies in the U.S. immediately, and prices would remain well above preboycott levels. For some time, the nation will probably remain split into two equally hopeful and equally helpless factions, the believers and the doubters. And as every American has come to know, a house divided...
Despite the wide fluctuations, international trade and investments have continued to flow without noticeable interruption. Ironically, the reason is that the finance ministers of the 126-country International Monetary Fund were unable to reach agreement on a new monetary system at their meeting in Nairobi last September. Postponing any further action on reform until July, they left in effect the ad hoc system of "floating" exchange rates that has existed since the last big monetary crisis a year ago. If they had agreed at Nairobi to fix rigid exchange rates, the pressures generated by the oil price hike in late...
...certified as a customer. The Vietnamese would have to do their own contracting for the oil, but the U.S. could continue to pay for it at the higher prices. U.S. officials estimate that 10% of this year's $813 million in military aid for Viet Nam will flow into fuel...
Thieu's objectives are simple: by keeping the war simmering and at times flaring up, he prevents the return of peasants to the countryside, where they would join the NLF, and insures that the flow of American aid which keeps him in power will continue unabated...
Thieu believes that if the war continues, American aid will continue to flow. So Thieu prolongs the war, directing his army and air force to strike at NLF territory and ignoring the calls for reconciliation contained in the cease fire agreement. Ngo Vinh Long '64, who works at Harvard's Vietnamese Studies Project, has estimated that the South Vietnamese Air Force, using warplanes supplied by the United States, has flown about 15,000 bombing and reconaissance missions since the ceasefire. Obviously, such bombing prevents the peasants from going home--and joining...