Word: nationalizes
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Dates: during 1970-1979
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...more important than whether West Germany and Japan expand their economies is whether the U.S. can manage to curtail its wanton consumption of imported oil. As President Carter grimly noted last spring in his energy address to the nation, if present trends continue, the country's oil deficit by 1985 will total a mind-stretching $550 billion. With the world monetary system already buckling under the weight of the nation's existing oil deficit, it is not hard to envision the disruptions that will follow from a more than tenfold increase in the burden during the next seven...
...computing the trigger prices, the Government consulted with Japanese officials, whose nation's mills make the world's least expensive steel that is imported into the U.S. Last month an American team led by Robert Crandall, deputy director of the Council on Wage and Price Stability, holed up in Washington with a 20-member Japanese delegation, poring over data supplied by the visitors concerning cost of materials and labor, overhead, depreciation and the like. The conclusion: for 17 steel products that make up 75% of the market the average trigger price would...
...Europe (see map). He granted TWA the right to fly nonstop to Europe from Pittsburgh, Denver, St. Louis, Cleveland, Minneapolis-St. Paul and Kansas City, Mo. Northwest Airlines, which had no flights to Europe, picked up unused Pan Am rights to fly to Scandinavia from several cities across the nation. Delta Air Lines, which until now has been primarily a domestic carrier with no European routes, got the right to fly from Atlanta, its head quarters, to London; Miami-based National Airlines can add service from New Orleans and Tampa to its existing Miami-London route. Pan Am was told...
...December a conference in the nation's capital on regulations in plain English drew 800 participants, most of them Government employees. "Five years ago," said Legal Consultant James Minor, a member of the American Bar Association's committee on legal drafting, "we could have offered solid-gold Cadillacs as door prizes and not attracted 25 people." Wayne Granquist, a Carter appointee in the Office of Management and Budget, called attention to the plight of citizens confronted with bad writing. Until recently, applicants for a Citizens Band radio license were advised: "Except as provided in paragraph (b) of this...
Underwood's decision is being appealed this year to the Vermont Supreme Court, and the unfortunate Sunday may never see a cent of his damages. But the case has thrown the nation's ski industry into a tizzy. With rising insurance costs pressing into profits, at least four Vermont ski areas considered shutdowns this year, and one small slope in Underbill Center has remained closed despite generally good snow conditions. At one point, the nation's largest ski insurer, American Home Assurance Co., threatened to cancel its ski-area coverage in Vermont, a move that might have...