Word: nationalizes
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Dates: during 1970-1979
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...president of the Burlington Northern Railroad, he persuaded the presidents of six Japanese shipping companies - all of whom he knows - to use Seattle as their U.S. port. That move created 3,100 jobs, $50 million in annual direct benefits for the region and helped make Seattle one of the nation's leading containership ports. Watanabe was among the first to urge Dixy Lee Ray to run for Governor, and is chairman of her board of economic advisers...
...quiet partner of virtually every Arab nation is Saudi Arabia, whose oil-enriched coffers support Egypt, Syria and the P.L.O. But King Khalid and Crown Prince Fahd did not endorse either Anwar Sadat's proposal for a pre-Geneva summit in Cairo or Muammar Gaddafi's call for an anti-Egypt rejection-front meeting in Tripoli. What are the Saudis up to? TIME Cairo Bureau Chief Wilton Wynn flew to Jeddah and sent this analysis...
...astonishing boom in illegal samizdat (self-published) periodicals, manifestoes and even books that are currently circulating by the thousands of copies throughout Poland. Reflecting a wide range of dissident opinion, the samizdat publications are symptomatic of the mounting discontent that has made the country potentially the most unstable nation in Communist East Europe. Today there are at least twelve regularly published underground journals. Their criticism of the regime of Party Chief Edward Gierek* goes well beyond economic problems. It includes sweeping demands for democracy and freedom from Soviet hegemony...
Last week, for example, Opinia included in its seventh issue a sardonic history of Poland over the past 150 years that referred to the "temporary owners of the Polish nation" since 1944 who have used the "physical force that stands behind them." Another article discussed Felix Dzerzhinsky, the founder of the Soviet secret police, who was of Polish extraction. It concluded: "We kindly ask you, leaders of the Polish People's Republic, stop building monuments and displaying pictures...
...economy-the third biggest in the world, after the U.S. and the Soviet Union-has shown little growth, its industrialists have launched a spectacularly successful export drive. Despite a rapid climb in the value of the yen, which should raise the price of Japanese goods in world markets, the nation's surplus of exports over imports is heading toward a record $15 billion this year, draining money out of the economies of the U.S. and Western Europe...