Word: norwegians
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Dates: during 1970-1979
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...platforms have led to economic crisis. Norway has greatly overspent its oil revenues. Prime Minister Odvar Nordli, whose Labor Party has governed for five years, felt it necessary to submit an austerity budget for 1979 and propose a wage-and-price freeze through the end of next year; the Norwegian parliament last week approved the freeze proposal...
...Corporate money managers, bankers and speculators, apparently believing that Stage II is too weak and will not work, sent the dollar plunging. The greenback fell to its lowest exchange rate since World War II against the yen, the deutsche mark, the guilder, the Belgian franc and the Danish and Norwegian crowns. The price of gold, which moves inversely to the dollar, reached a new peak of $233.70 an ounce. "We had not expected much," explained one Zurich foreign-exchange dealer about Carter's plan, "but neither had we expected so little." On hearing the news, Carter remarked rather tartly...
...said Alfred Bernhard Nobel, the multimillionaire inventor of dynamite, six years before his death at 63 in 1896 and eleven years before the inauguration of what has become the world's most honorific-and occasionally quixotic-award. Since 1901 a five-person Norwegian Nobel Committee has bestowed gold medals bearing the motto Pro Pace et Fraternitate Gentium (For Peace and Brotherhood of Nations) and cash awards ranging from $30,000 to $173,700 to 59 men, five women and eleven organizations. Nineteen times the committee made no awards at all - of ten because of wars more terrible than even...
...choosing Anwar Sadat and Menachem Begin, the Nobel Committee scrutinized 50 nominees, including Polish Cardinal Stefan Wyszynski, Finnish President Urho Kekkonen, and the beleaguered committee of Soviet dissidents who have monitored the 1975 Helsinki human rights accords. The selection committee, chosen - at Nobel's behest - by the Norwegian parliament, cloaks its deliberations in se crecy but draws on a wide range of sources for nominees. Among those consulted: representatives of the Norwegian Nobel Institute, officials of various governments, scholars and previous Peace Prize laureates. Sadat, says Nobel Institute Director Jacob Sverdrup, received "between ten and 20" nominations (including...
...five members of the Norwegian Nobel Committee said they gave the award to recognize the achievements of Sadat and Begin at Camp David, and to encourage further success in Middle East peace talks...