Word: nationalizes
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Dates: during 1970-1979
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...midst of renewed efforts toward a Middle East peace settlement, the world waited anxiously for Israel's reaction, which in the past has been to retaliate for terrorism on its soil with severe blows against the Palestinians. Begin finished a grim TV and radio report to the Israeli nation by vowing: "We shall not forget...
There are other tests. Foreign nations once looked to the U.S. as the example of a powerful economy that could grow without serious inflation, a feat attained by few countries. The fact that double-digit inflation could hit the U.S. too, as it did in 1974-75, came as a shock abroad as well as at home. Now overseas observers see the U.S. bragging that its economy is growing at one of the fastest rates in the industrial world, yet whining fearfully that inflation is likely to result. The spectacle is compounded by the nation's refusal either...
...Western military or political alliance? Fortunately, no one is yet asking that fundamental question, and Washington had better make sure it does not come up. Today, as always, the American dollar remains the worldwide symbol of the U.S. itself; if the currency is weak and friendless, the nation eventually will be too. - Christopher Byron
...energy conglomerates have been able to evade federal regulation of interstate gas prices by producing and selling gas completely within a state's boundaries. The result is that Texans, living in the richest oil-producing state in the union, pay more than twice as much for gas as the nation as a whole...
Political activist Dick Gregory and NAACP Executive Director Benjamin Hooks will address an expected 2000 demonstrators who have traveled to Nashville from around the nation...