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Word: ifs (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

British authorities seemed willing enough to overlook Washington's apparent transgression of their monetary sovereignty this time around, and Swiss officials left no doubt that they too would cooperate with the U.S. freeze. While stressing that all banks in Switzerland are subject to Swiss law, Swiss National Bank President...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

While governments closed ranks behind the U.S. initiative, some private bankers were troubled that banking itself had become more deeply enmeshed in petropolitics. Remarked a top international financial adviser in London: "We have an awful lot of people worrying that if the Americans can do this today to Iranian money...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

This process, known as petrodollar recycling, has pushed up the debts of the less developed nations to $300 billion. Many nations are so weighed down with debt that bankers are growing wary of lending them more. Yet if they cannot borrow, poor countries will have trouble importing more oil. Without...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

Though the immediate crisis facing the world is the direct responsibility of the Ayatullah Khomeini and his pseudo-government in Iran, the danger would not be nearly so grave if the U.S. had not allowed itself to become so dependent on foreign oil. Under the circumstances, there is no guarantee...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

The obvious U.S. tactic might be to embargo food exports to Iran, which amounted to nearly $500 million in the fiscal year ended last September. The American Farm Bureau Federation would support President Carter if he should cut off grain shipments, as he could do under the International Emergency Economic...

Author: /time Magazine | Title: Nation: Not Much Left to Seize | 11/26/1979 | See Source »

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