Word: nationalized
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Dates: during 1970-1979
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...equality before the law"). Yet in each case there is a variation of an important proviso: these freedoms will operate only if "Islamic principles of the Republic are not flouted." As one Tehran resident acerbically put it, "The new charter creates the world's only 20th century theocratic nation...
...callers urging him to get into the presidential race. Sam Nunn looked up at an aide last week and marveled at the sudden interest the media were displaying in the defense budget. For at least an hour a day now, Moynihan fields calls from his intellectual friends across the nation; the subject-the new shape of America. Universities have found in the New Yorker a new Pied Piper...
...mild-mannered career bureaucrat who served as Foreign Minister and Premier under Park and became Acting President after the killing, was chosen as his country's new head of state by a 96% majority of the 2,560-member electoral college called the National Conference for Unification. Though Choi (rhymes with jay) was the sole candidate and is nominally able to serve the five years remaining in Park's current term, there were signs that he wanted to limit his tenure in Seoul's presidential Blue House and lead the country's transformation to a genuine...
...thirsty world, but it increasingly jeopardizes petroleum supplies throughout the Middle East. U.S. Government officials calculate that a widespread upheaval in the Persian Gulf could quickly cut U.S. imports by 4 million bbl. per day, or more than 22% of total consumption. On another front, the 13-nation OPEC cartel, which has raised petroleum prices by some 1,600% since 1970, is preparing to lift prices yet again when it meets next week in Caracas. Meanwhile Congress continues to dither and quibble over President Carter's five-month-old energy package...
Gasoline consumption is the root cause of the nation's petro-woes, and any move to curtail it substantially would have broad and deep economic consequences. Though rising prices and the slowing economy have cut gasoline use by 4.7% this year, the fuel still accounts for just under 40% of the 18 million bbl. of oil that the U.S. burns each day. The Administration estimates that an immediate 50? boost in the cost of gasoline, which now sells at an average for all grades of $1.04 per gal., would cut consumption by 7%, the equivalent of about...