Word: importance
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Partly hi response, OPEC is now producing at 20% below capacity with no visible problems. Again, it is Saudi Arabia that holds the key. The country has accumulated so much money that it could stop production for two or three years and still have more than enough cash to import food, provide free medical care and education, finance new industry and subsidize other Arab nations. But unless and until the industrial nations get together, much of the non-Communist world could not long function without Saudi Arabia's 8.5 million bbl. per day. As Saudi Arabia's Harvard-educated...
...major oil exporter through the late 1950s, but then its own demands raced so far ahead of production that it now has to import more than one-third of its supply. The nation's bill for foreign oil pyramided from $3.9 billion in 1972* to $24 billion last year. The $20 billion jump meant that Americans either had to increase their foreign debts greatly or produce and export $20 billion more in goods and services?food, steel, planes, machinery, technology?to pay for oil imports. Unless the oil price comes down or the country sharply reduces its oil imports...
...Kissinger Plan proposes a $25 billion "safety net" lending agency that would be funded by consuming nations. Member countries strapped by high oil-import bills could borrow from the fund in emergencies, if they agree to energy-conservation steps...
...familiar three kings of Christmas legend (later piety gave them names, ages, races and crowns), but rather an unspecified number of astrologers, perhaps from Babylon. Even in that guise, some critics suggest, their existence is questionable, possibly merely a preaching device used by the evangelist to suggest the import and universality of the astonishing event: God become...
...sexually explicit Danish magazines are now available on newspaper kiosks along with tamer publications like Penthouse. Uncut versions of previously forbidden films such as Last Tango in Paris and A Clockwork Orange are drawing huge crowds. A dubbed-in-Portuguese version of Deep Throat has been approved for import. Bawdy, undulating, take-it-all-off strippers from France and Italy are lending new interest to traditional vaudeville. Enthusiastic audiences flocked to see Last Fado in Lisbon, featuring a French stripper named Poupée la Rose...