Word: hold
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Dates: during 1970-1979
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...there was not much that the seven could agree on to contain the damage. For the moment, at least, OPEC has the industrial world over a barrel. The summiteers decided to hold imports from the oil cartel at about their present levels, in order to limit the flow of cash from their countries and, just possibly, dissuade the OPEC leaders from piling on yet more price boosts when they meet again, in December at the latest. That done?and very little it was?the seven summiteers disbanded. Carter, after a weekend visit to the U.S. military front lines in South...
...leave Tokyo without some sort of accord. But the import limits are the kind of solution that is only to be described as better than nothing. They will be difficult to enforce, and OPEC can, if it chooses, foil them by cutting production again. At best, the limitations will hold a bad situation steady while the world goes through a painful period of inflation, slowdown or recession, conservation and conversion to alternate fuels...
...Geneva, Yamani did his best to persuade the cartel to hold the line at $18 per bbl. At one point, the Harvard-educated sheik grew so frustrated with the demands of Iran, Libya and Algeria, which were calling for a base price of at least $25 "to $26 per bbl., that he threatened to walk out of the conference. That led OPEC Chairman Mani Said Utaiba, of the United Arab Emirates, to convene a rump meeting in his private upstairs suite. It was during that gathering, at which Utaiba served dates from his home country and Arab spiced tea, that...
Perhaps the most dangerous development has been growing unrest in the military, still Assad's power base. Alawites hold senior positions throughout the armed forces, and Assad himself is commander in chief of the air force, but most of the enlisted men are Sunni Muslims who increasingly resent domination by their officers. Israeli intelligence experts speculate that a revolutionary mood may have swept through Syrian armor and infantry units, touching off fears of a coup. After the execution of the 15 brotherhood members, all of whom were Sunni Muslims, Rifaat's tank units rolled into Damascus and took...
...press, LILCO officials and police. That's where the only violence of the day took place, when about 15 youths (apparently unconnected with SHAD) decided they would like to storm the place. So they charged the gate repeatedly, kicking and bloodying the hands of LILCO employees who tried to hold it up, and eventually knocked it over. Curiously, though, a no-man's land opened up as the youths backed off instead of entering, and the fence was repaired...