Word: lating
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Dates: during 1970-1979
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After seven years of negotiations that ended in the announcement of agreement on a SALT II treaty on May 9, U.S. and Soviet diplomats in Geneva still had to work late every night last week on that very same treaty. Their task: to get the final Russian and English terms of the 76-page document into shape for Jimmy Carter and Leonid Brezhnev to sign next Monday in Vienna. Alternating between the drab Soviet mission near the U.N.'s Palais des Nations and the more spacious U.S. quarters overlooking the botanical garden and Lake Geneva, U.S. Envoy Ralph Earle...
Since April, when OPEC boosted prices 9% to an average of $14.55 per bbl., price gouging by individual members has pushed up charges for some grades of crude to $20 or more per bbl. Lately cartel members have been leapfrogging each other to grab ever higher prices. No sooner did Algeria and Nigeria post unilateral increases of up to $2.45 per bbl. on their low-sulfur crude than Libya raised the price of its own competing grade by a comparable amount. The increase, Libya's second in a month, was promptly followed by a rise by Iraq as well...
...dean of U.C.L.A.'s Graduate School of Business Administration and served on President Eisenhower's Council of Economic Advisers; of a heart attack; in Los Angeles. A free-market champion ("Adam Smith was the prophet"), Jacoby was warning about high inflation as long ago as the late 1950s, and argued that the proper cure was not controls but a curb on the red ink flowing out of Washington...
...York City is in the forefront of the recycling movement today, after a late start, prior to which it permitted developers to demolish such treasures as the old Metropolitan Opera House, Pennsylvania Station and the Ritz-Carlton Hotel. The city has now extended historic landmark status to more than 500 individual structures and 37 historic districts encompassing 12,000 buildings...
...mother Honey, a fortyish Southern belle, and her father Bill, a stuffy but decent bureaucrat who runs a Government poverty program. They are soon joined by Lolly's parents, Celia, a pretty, distracted woman in her 20s, and Dan, an easy-riding adman in his late 40s. Dan and Honey turn out to be habitual flirts, and though neither is truly interested in the other, each seems too arrogant to retreat...