Word: multibillions
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...airline employee, I read with clenched teeth the article on the Government's latest multibillion-dollar giveaway to the ruined Northeastern railroads...
Although Japan's multibillion-dollar zaibatsu will hardly miss the money, they have no tradition of corporate giving and get no tax exemption for it. So why the sudden generosity toward U.S. higher education? The motive seems to be one of enlightened self-interest: anything that improves Japan's image in the U.S. is not likely to hurt sales of Japanese goods. Says Sumitomo Executive Giichi Miyasaka: "The Americans get angry about the seemingly obtrusive attitude of the Japanese, but they have not made much effort to discover why the Japanese act like that." He hopes that expanded...
...been making profits again after falling $67 million into the red in 1971. But it has a long-term debt of close to $1 billion and thus has had some difficulty raising capital for Hammer's favorite overseas projects, which include drilling in the North Sea and a multibillion-dollar plan to import natural gas from Siberia. Baird's banking experience may be just what Occidental needs to reduce its debt and to gain, as he puts it, "a better-balanced capital structure...
With whimsical bitterness, European computer makers sometimes call themselves "the Seven Dwarfs." In their real-life grim fairy tale, Snow White is played by IBM, and the handsome prince she runs off with is some 60% of the multibillion-dollar European computer market. Hoping to break up the romance, the European Common Market Commission is readying a major proposal for the so-called dwarfs* to gang up on Snow White...
...Jews has already put most-favored-nation status for the U.S.S.R. in jeopardy in Congress (TIME, Sept. 25). Two weeks ago, Hubert Humphrey warned Premier Aleksei Kosygin and other officials in Moscow that congressional concern for the plight of Soviet Jews remains a serious obstacle to the conclusion of multibillion-dollar trade deals with Russia. Mass trials of dissidents like Yakir, who happens to be Jewish, are likely to provoke Congress further...