Word: fueled
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Dates: during 1970-1979
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Inflation, meanwhile, continues to moderate. Consumer prices rose at an annual rate of 6.2% during June-slightly less than in May, though more than the average for the past three months. Most of the rise was accounted for by higher prices for food and fuel. That was anticipated; those prices actually dropped during the first quarter, a trend that could not continue. The current rise in food prices is expected to moderate. Excluding food and fuel, the Consumer Price Index rose at an annual rate of only 5.5% in the second quarter, an improvement over the first quarter...
Last week the federal Nuclear Regulatory Commission opened the debate to the public for the first time. Its concern was anything but academic, since it has to decide whether to approve a license to export 12,261 kg. of Government-owned enriched uranium to fuel a reactor in India. In 1974 Indian scientists used fissionable materials, taken from a Canadian reactor, to build what they called a "peaceful nuclear device." After the bomb was exploded, Canada shut off nuclear aid to India. To keep the U.S. from following suit, the Indian government pledged to use American materials exclusively...
...Palestinians fighting alongside the Lebanese Moslems. Damascus' answer has been to increase its commitment in Lebanon still more, to 15,000 men who control most of the rich Bekaa Valley. The Syrians have also cut their opponents' sources of supply by sea and air, and destroyed their fuel supplies to the point that Palestinian Leader Yasser Arafat last week appealed to Moscow to pressure Damascus...
...saved is a kilowatt earned, and energy thrift should not have to be its own reward. So believe officers of the Seattle Trust & Savings Bank, who are now offering reduced-cost loans to customers who open new checking accounts and buy well-insulated homes, upgrade existing ones or purchase fuel-saving cars or boats. The buyer of a house that scores at least 15 points on an energy-saving rating system devised by the bank (five points for an efficient furnace, another five for ceiling insulation), can qualify for a 30-year mortgage at 8.5%, about a point below...
Seattle Trust President J.C. Baillargeon says that there are some "crassly commercial" aspects to the plan. In view of rising fuel costs, says he, "we are thinking about what homes without adequate insulation and efficient heating systems are going to be worth in two or three years" if the bank has to foreclose on them. Besides, the offer is bringing in a lot of new business. Just how much, Seattle Trust will not say. But during the first few days, the bank's main office and 25 branches were swamped by more than 3,000 telephone calls...