Word: foreign
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Dates: during 1970-1979
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Iran's tough-talking Foreign Minister Ibrahim Yazdi, 47, is an American-trained microbiologist who lived and worked in the U.S. for 18 years before joining the Ayatullah Khomeini's entourage in Paris last October. In a candid interview last week, he discussed the prospect of an "Irangate" scandal, the fate of his country's F-14s and other topics with TIME Tehran Bureau Chief Bruce van Voorst. Excerpts...
...plane flights; he also pointed out that SALT II seems to call for inspection only by the U.S. and U.S.S.R. If the two signatories to the treaty should ask a third party to verify compliance with restrictions on missile modernization, then, said Nordli, "Norway ought to be willing." Foreign Minister Knut Frydenlund was also critical of the position taken by the Defense Ministry, which has traditionally been more hawkish than the rest of the government. Said a ranking Oslo diplomat: "The military should be more sophisticated...
...news put further pressure on the dollar, which in the past two weeks has slumped to eight-month lows against key foreign currencies, sent gold climbing to glittering new heights, and made a mockery of the Administration's repeated assertions that the double-digit run-up in living costs would slacken this summer and abate substantially by year...
...American World Airways took another step last week toward achieving its long cherished dream of acquiring U.S. domestic routes to tie in with its far-flung foreign network. It disclosed that after a stock-buying spree early last week, it now owns 4,398,500 shares, or 51.4%, of National Airlines, thus beating out two rivals for majority interest in the line. Texas International, a small, aggressive carrier that, like Pan Am, has received preliminary approval to merge with National from the Civil Aeronautics Board, holds about 25% of the stock. Eastern Air Lines has also been trying to gain...
...case for a second factory is strong. For one thing, Americans are buying small fuel-efficient autos at a faster pace than ever. Since the onset of the gasoline squeeze at the pump last spring, foreign imports have steadily expanded their share of the U.S. auto market, and in May accounted for a record 24.3% of all cars sold. During the first six months of this year, while sales of U.S. autos fell 7.9% below last year's level, forcing the carmakers to cut back production and lay off workers, foreign automakers sold 14.7% more cars. Volkswagen...