Word: importance
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Dates: during 1970-1979
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...Friday afternoon, the sky is blue. Some wine would be nice, but you can't afford an import and don't understand all those years and foreign names, anyway...
Price Jump. Also, OPEC'S stated justification for a price boost is that it must maintain favorable "terms of trade" -that is, catch up with inflation in the industrial world, so that the selling price of a barrel of crude will buy as large a quantity of Western imports as it did in, say, early 1974. To oil consumers that argument seems extremely specious: the early 1974 terms of trade were achieved after a 400% jump in oil prices, and that leap caused no small part of the Western inflation that OPEC complains about. Even so, John Lichtblau director...
...gift to the people who will live in it. Like all the homelands to which black South Africans are assigned, it contains no industry, no mineral deposits and little fertile land. Unlike the other bantustans, the Transkei does have a coastline, but it has no port through which to import or export goods...
Majority rule is also a new goal for Kissinger. Until recently he accepted the Byrd Amendment, which allows U. S. corporations to import Rhodesian chrome, in violation of U.N. sanctions. Even after he publicized his opposition to the Amendment last summer, the Ford Administration did very little to actually get it repealed. Nor has Kissinger done anything to press for prosecution of U. S. businesses like Mobil Oil that have broken the boycott illegally...
Several people waiting on the steps for services were skeptical of the import of the turnout and spoke of "high holy day Jews" attending religious ceremonies for the only time this year. Posner, however, said he believed the characterization was true of only a third of those attending...