Word: nationalizes
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Dates: during 1970-1979
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...Manhattan. Many drivers thought they were being charged too much. The enforcement office of the DOE's Economic Regulatory Administration was receiving 500 complaints a week of price gouging. But after auditing 2,000 stations' books, federal officials concluded that most of the nation's 171,000 gas station owners had not raised prices beyond the profit-margin limits imposed by the Government...
...scenario is chilling. China's ethnic minorities, which occupy some 60% of the nation's territory, want to break away from Peking. The inhabitants of Inner Mongolia yearn to unite with the Mongolian People's Republic and the Turkic peoples of Sinkiang with their cousins in Soviet Central Asia. "An exchange of blows," as the author puts it, "may start at any moment." When that happens, hundreds of thousands of "volunteers" on the Soviet side of the Chinese frontier will "come to the aid of [their] brothers in blood and in faith," and the Soviet authorities will...
...later years, as the civil rights scene changed, as the Brotherhood of Sleeping Car Porters declined along with the nation's railways, Randolph's reputation was eclipsed by that of Martin Luther King Jr. and other black leaders. But he was still an insistent voice for moderation in the background. "Don't get emotional," cautioned the man who was always able to exert pressure without getting personally involved. Though he had often been critical of the AFL-CIO for its treatment of black members, he remained totally loyal to trade unionism as a salvation for social wrongs...
Taiwanese officials note with satisfaction that no other nation followed the U.S. lead in breaking relations with the Taipei regime. They also allege that Washington encouraged South Korea to recognize Peking; instead, Seoul showed its commitment to Taiwan by sending its Foreign Minister to Taipei on an official visit. Only 21 countries, mostly Latin American and African, still have diplomatic relations with the Republic of China; they include such important trading partners as South Africa and oil-rich Saudi Arabia. Since the break in relations with the U.S., in fact, there has been only one major change on the Taipei...
Underlying Taiwan's optimism about the future is the island's burgeoning economic strength. Last year the republic had a 12.8% real growth in gross national product, based largely on a foreign trade of $23.7 billion, greater than that of the mainland. Two-way trade with the U.S. amounted to $7.4 billion, making Taiwan America's eighth largest trading partner. Total foreign investment, mainly from the U.S. and Japan, is $2 billion. Though some of this dates back to the 1950s, about $500 million has been invested so far in 1979 alone. Some American companies, including Ford...