Word: nationalizes
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Dates: during 1970-1979
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...defense alliance with Taiwan but by sponsoring Taiwan's membership in such key international financial organizations as the World Bank and the International Monetary Fund. Now Taiwan's eligibility for loans from these organizations will come into question. Particularly endangered is the island's most-favored-nation status. Indeed the whole business climate of the island may be its most vulnerable element once the American defense umbrella is removed...
...that the land was Mexican territory. Mexico, however, refused to accept ownership. So Williams bought the island from Mexican citizens for $400,000. By his reckoning, the 19th century Mexican treaties of Iguala and Guadalupe pave the warpath for him: they give Cherokee Indians the right to establish a nation...
...Tehran regime's TV and radio has appealed to Iranians not to allow their country to be turned into another "grim and miserable" Lebanon. But unlike Lebanon, riven by deep religious differences, Iran is a nation of 34 million people who are more or less homogeneous and overwhelmingly (98%) Muslim. What divides Iran today is warring perceptions of the Shah and the direction in which he has pushed his oil-rich remnant of the old Persian empire. A cross section of Iranians interviewed by TIME...
...small nonmilitary satellite-tracking station in the Seychelles, an idyllic string of some 90 islands stretching for 600 miles in the Indian Ocean off the east coast of Africa. It also has an interest in seeing that the islands, which in 1976 became an independent nation in the British Commonwealth, do not serve as a base for Soviet nuclear submarines. The islands are so quiet that even the seizure of power in a relatively nonviolent coup by the socialist Seychelles People's United Party last year did not overly worry Washington. Last week, however, Western intelligence agencies were fretting over...
...majority of the nation's private schools are religious schools, some of which limit enrollment on the basis of belief; as a result, religious organizations were particularly worried about the plan. But so were many secular private schools, which were sure to perish if their tax exemptions were withdrawn. More than 120,000 letters, most expressing vitriolic opposition to the plan, descended on the IRS after the proposal was announced...