Word: major
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Dates: during 1970-1979
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...trucking firms will put up more resistance to deregulation than the airlines did, even though in the case of that industry, renewed competition has boosted profits at the same time that it has cut fares. The major trucking companies are adamantly opposed to any change in rules that have kept competitors out and profits high, and they are staunchly supported by the 100,000 Teamsters who work for them. (The independents belong to no union.) Both the trucking companies and the Teamsters have a powerful ally in Howard Cannon, chairman of the Senate Commerce Committee, who has already traded barbs...
Turning to the major objections of SALT opponents, Carter maintained that the treaty places "equal ceilings" on both countries' strategic arsenals, "slows down -it even reverses-the momentum of the Soviet arms buildup" and makes future competition on weapons "safer and more predictable." Furthermore, he insisted, "compliance will be assured by our own nation's means of verification, including extremely sophisticated satellites, powerful electronic systems and a vast intelligence network...
Yance further proposed that the OAS dispatch a peace-keeping force, which might include some J.S. troops, to restore order to the divided country. Vance's six-point plan also included a cessation of all arms shipments to both Somoza's forces and the rebels and a major international relief and reconstruction effort...
...Other major conclusions of the study...
...difference between now and 1974 is that instead of declining in unison, thus severely crippling trade, production and growth, the major nations are all at different points in the economic cycle, making a deep world downturn less likely. A sampler of conditions of the key industrial nations...