Word: importance
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Dates: during 1970-1979
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Doubtless more than one high school French class has visited Fromage Import. In addition to having the kind of quaint setting every French teacher depicts as "typically" French, the restaurant's specialties--quiches and omelettes--are among those elementary French foods attempted by every French class at one time or another. Prices at Fromage Import are very reasonable--for under $2 you can get one of the specialties, a salad and a beverage ranging from mineral water to apple beer. A serving of mushroom, bacon, feta, chive, ham, spinach, mussel or ratatouille quiche is 95 cents. Even without your French...
...buys Soviet vodka, platinum, diamonds and chrome ore and sells oil-and gas-drilling equipment, machinery and electronic gear, including computers. The Russians have been eager for loans and technological know-how, and so far they have got some of both. Only in May Nixon intervened with the Export-Import Bank to approve a $180 million loan for eight Soviet ammonia fertilizer plants and the attendant gear to move the fertilizer to distribution centers. Partially because of the Jackson amendment, however, Nixon has not been able to deliver on his other promises for loans and tariff concessions. "My firmness...
...more from its present lofty $11.65 per bbl. They fear that sky-high oil prices will create unmanageable trade deficits for their customers. The Saudis also hope that by cutting oil prices they can negotiate a better deal on the technology, goods and services that they hope to import from industrialized nations, as well as hold back the development of alternate sources of energy...
...most of its 40 years, the Export-Import Bank has enjoyed a quiet, effective and even profitable existence. Started in 1934 by President Franklin D. Roosevelt to finance American trade with the Soviet Union, which the U.S. had just recognized, the bank was soon authorized by Congress to grant credits to other countries so that they could buy more U.S. goods and services. By using its $20 billion lending authority to extend credit to countries and companies on which commercial banks would not take a risk, Ex-lm has helped expand U.S. exports. It facilitated a record $10.5 billion sales...
Self-Deception. The committee's report suggests that Summerlin's actions "involved at least some measure of self-deception, or some other aberration, which hindered him from adequately gauging the import and eventual results of his conduct." Dr. Lewis Thomas, president of the Memorial Sloan-Kettering Cancer Center, concurs. After meeting with Summerlin, his wife and a psychiatrist, Thomas agreed that the researcher was suffering from a "serious emotional disturbance...