Word: guarantors
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Dates: during 1970-1979
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...should also be in operation. All 24 members of the Organization for Economic Cooperation and Development are to participate in the plan. Each time a member nation is granted a loan, all the other members would assume a set percentage of the risk. The U.S. would be the leading guarantor with about a 25% share of the net and would have the biggest say in which countries get loans and under what terms...
...able to hang them on the wall like engravings. Of far greater and subtler potential are discoveries that do not immediately reach the consumer. The maligned space program, for instance, has produced satellites and observatories that can survey a nation's military potential. Such hardware is the unspoken guarantor of the SALT talks between Russia and the U.S., and perhaps of detente itself. Geologists have begun to tap the geothermal energy of volcanoes in Mexico and the Azores. New offshore oil deposits have been discovered in such economically eroded countries as Italy and Britain. Researchers have just discovered...
Britain, which had occupied the island from 1878 to 1960 and along with Greece and Turkey is a co-guarantor of Cyprus' independence, had led the negotiations and was as stunned-and bitter-as Athens at the Turkish intransigence and arrogance. British Foreign Secretary James Callaghan said that "what happened was totally unnecessary, and that's not only my view but also that of the U.S. Government, as the Turks have been told. I cannot believe that peace in the eastern Mediterranean depends on 36 hours...
...meet openly with the press. Student activists, who triggered last year's anti-junta demonstrations, also seem willing to give Caramanlis a chance. Said one student at Athens Polytechnic: "Caramanlis may not be our idea of the man of the future, but we have received him as a guarantor of democracy...
NATO, since both Greece and Turkey are members, ineffectually attempted to mediate. Britain, which along with Greece and Turkey is a guarantor of Cyprus' sovereignty under the 1960 Zurich treaty that granted it independence, also interceded with both sides...