Word: going
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Dates: during 1970-1979
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...anti-American sentiments in Iran and elsewhere, but they must realize that they do not necessarily reap benefits when the U.S. loses. Moscow's experience has been that even some of its most faithful clients rebel in exasperation. As one top Administration expert puts it: "When the Soviets go into a country in the Middle East, they tend to muck around and not really achieve much improvement in the local way of life...
...think anybody will turn back I now," said Britain's jubilant Foreign Secretary, Lord Carrington. After 86 days of stop-and-go negotiations at the London Peace Conference, Patriotic Front Co-Leaders Joshua Nkomo and Robert Mugabe agreed to a cease-fire that should end the seven-year-old civil war in the breakaway British colony. Although some important details remain to be worked out, the principal issues barring the way to peace for Zimbabwe Rhodesia were resolved; agreement on a new constitution and arrangements for the transition to elections had been reached in earlier talks at Lancaster House...
Though advocates of continued price controls often dispute the point, evidence proves that rising gasoline prices reduce consumption. Studies by Economist Alan Greenspan and others show that when prices go up 10%, gas sales from 1.5% to 2% per licensed driver. Argues Greenspan, "It is clear that a very large part of the driving public consciously or unconsciously is quite sensitive to price...
...would air travel, as people flew on vacation instead of driving. That would boost sales of more fuel-efficient jets, and Boeing, Lockheed, McDonnell Douglas and other planemakers would benefit. But resorts in South Florida and New York's Catskills would be hit hard because most people go there by car. Roadside motels would suffer, but rents of apartments and values of houses close to city centers and public transit would climb...
...called dollar-surplus states of Saudi Arabia, Kuwait, the Emirates and Qatar, which together hold more than $90 billion in U.S. dollars and other U.S. financial assets that will continue to slip in value as the cartel's prices climb. These surplus states probably will not go along with any effort to dump the dollar as the currency of the world oil trade, a move that would undermine the value of the greenbacks they already hold. But Iran and Libya are urging OPEC to switch from dollars to a so-called basket of currencies, which presumably would include German...