Word: giscards
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Dates: during 1970-1979
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...OPEC, or to put a ceiling on the price the seven countries would permit corporations to pay for oil on the Rotterdam "spot" market (users bid there for supplies not tied up under long-term contracts, and prices have shot as high as $40 per bbl.). French President Valery Giscard d'Estaing, speaking on behalf of the European Community, outlined a plan to freeze European oil imports at last year's level and to "dissuade companies from lending themselves to transactions at excessive prices" in Rotterdam. But that stops well short of Giscard's earlier ideas to set specific, country...
...some very nasty storm clouds" developing quickly as a result of the oil cartel's seeming insatiability for higher prices, while West German Chancellor Helmut Schmidt intoned about "great danger" ahead for all concerned, including the oil producers. The best hope that France's President Valery Giscard d'Estaing could offer anyone was that the industrial world could look forward to a prolonged period of "sober growth...
Strategic perceptions vary accordingly. French President Valery Giscard d'Estaing, for instance, is expected to lobby strenuously for legislated energy saving and tight price controls in the name of "consumer solidarity." Many Japanese and West German experts, however, argue that governments should not interfere with market forces. Their theory is that ultimately only higher oil prices will force consumers to economize and encourage other forms of energy. Says Tokyo Economist Nobutane Kiuchi: "It may take another recession before the leaders learn this fact." Significantly enough, the three newest members of the summit club -Britain's Margaret Thatcher, Canada...
Parties with a particularly strong European commitment got out the vote and did better as a consequence. One notable victor was French President Valéry Giscard d'Estaing, who in fact first proposed the idea for a Euro-election back in 1974. In the popular vote Giscard's Union pour la Démocratic Française outpolled Gaullist Leader Chirac's Rassemblement pour la République, by 27.5% to 16.3%. In parliamentary elections only 15 months ago, the Chirac forces had won 22.6% to the Giscardians' 21.5%. Chirac's poor showing...
Brezhnev has good days and bad days. In April he was barely able to conduct his side of the conversation with visiting French President Valery Giscard d'Estaing, while last month he seemed to have bounced back somewhat to receive Yugoslavia's Josip Broz Tito, who is 14 years older than Brezhnev but markedly more vigorous. Two weeks ago, when Brezhnev journeyed to Budapest for a perfunctory meeting with Hungarian Boss Jāanos Kádár, the local press and diplomatic corps were not so much interested in what Brezhnev said as the difficulty with...