Word: internationale
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Dates: during 1970-1979
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A more realistic worry is that conservative oil producers will see the seizure of Iran's funds as proof of the riskiness of putting assets in any money, in any bank. That would add yet more weight to the growing OPEC feeling that it is smarter to cut production...
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...
U.S. exports of all kinds to Iran have fallen dramatically: from $3.7 billion in 1978 to under $1 billion this year. Iran gets about 25% of its food imports from the U.S., having bought 816,000 metric tons of American wheat in the past fiscal year. In September the Khomeini...
U.S. leverage is also weak because all commercial activity with Iran has declined since the revolution last winter brought about the nationalization of the banks and most private industry. A few years ago, the membership of the Iran-American Chamber of Commerce was a Who's Who of U.S...
In the international community, the reaction is likely to be more diffuse, but not less damaging to the Administration. Staunch allies, such as the NATO countries and Japan, ought to be aghast at an incident that so vividly demonstrates the limits of their senior partner's power. Friendly states...