Word: oils
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...auspicious 59th birthday last week for the Shah of Iran. Under mounting opposition from critics of his regime, the Shah has been forced into a radical reassessment of his priorities. In recent weeks, strikes by workers angered over the country's inflation rate (currently 50%) have paralyzed the nationalized oil refineries, postal service, airline, and copper and steel industries. The nation's balance of payments deficit exceeds $5.5 billion. To pay for an across-the-board wage increase for at least 1 million workers, and for subsidized housing and other social projects, the Shah has canceled $7 billion worth...
...Soviet influence in Iran: The Shah has given oil to America; natural gas to the Soviet Union; land, forests and some oil to England and other countries. We want all these foreign influences and pressures out of our country...
...Africa. Meanwhile, Zambia's economy has dwindled toward disaster. Landlocked, Zambia needed transit routes through Rhodesia to southern Africa's ports for its main export, copper. After the boycott closed the Rhodesian borders, scarce alternative routes disappeared, world copper prices declined, and Zambia began running short of food, machinery, oil fertilizer, soap and coal. Inflation ballooned to 30%, fueled partly by expensive airfreight shipments to speed goods, and foreign debt climbed to $1.5 billion...
...Last Picture Show). He tells of two antagonistic small-time ranchers, a tomboy spinster (Fonda) and a good-natured World War II veteran (Caan), who reluctantly pool their resources to battle a takeover by an expansionist landowner (Robards). The villain, meanwhile, has problems of his own-an oil-company executive (George Grizzard) wants to plunder the cattle fields for crude. It is not difficult to guess what follows. Like every other so-called modern western, this one features a trusty old ranch hand (nicely played by Rich ard Farnsworth) who dies to symbolize the passing of the Old West. Like...
...prices drop sharply. Example: the Soviet grain purchase of 1972 and other heavy export demand kicked off a few years of unprecedented farm prosperity. Net farm income more than doubled in three years to an unparalleled $33 billion in 1973, and soaring retail food prices combined with OPEC's oil gouging to produce double-digit inflation. In 1976 and 1977, farm prices broke; farm income shriveled to $20.5 billion in 1977, and a noisy American Agriculture Movement sprang up overnight to send farmers rumbling into Washington and state capitals aboard their tractors (some cost $30,000, and a few came...