Word: oils
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Dates: during 1970-1979
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...ruin the price of gold without even touching our foreign and domestic deficits? Sure, sell at the market and we could pay the foreign deficits for a couple of years, and then what? What pol would vote to raise interest rates far enough to put us into a depression? Oil surtax? Moderately helpful as it pushes us into depression. There is nothing we can do that won't hurt too much...
Sadat is said to be aware that his actions must not embarrass Carter or alienate the U.S. public. For this reason he is not expected to ask other Arab states to brandish the "oil weapon," unless it could be directed solely against Israel without affecting the U.S. Similarly, he may be hesitant about putting Washington on the spot at the U.N. by demanding a blanket condemnation of Israel's occupation of the West Bank and Gaza Strip. Such a move could create a painful dilemma for Carter. A U.S. veto would enrage much of the world, including the Saudis...
...political terror. His regime has been one of the most systematic violators of human rights in the history of post-war dictatorships. This reign of terror has been materially underwritten by a supply of U.S. arms and military training--both because of America's economic interest in Iranian oil, and because Iran has been perceived as a solid anti-communist bulwark in the ideologically mercurial Middle East. (Last weekend, President Carter phoned the Shah to express support for his police crack-down...
...oil companies and the U.S. government has been what Henry A. Kissenger '50 used to like to call "political stability." The price paid by the bulk of Iranian people has been continued mass poverty in the face of petro-dollar plenty and perpetual intimidation by the SAVAK, the Shah's secret police. For Pahlevi's most out-spoken critics it has often meant imprisonment and grotesque torture that has been only too vividly documented by some of those who escaped...
...haven in the safe, solid U.S. Deutsche Bank viewed the W.T.C. as a sound investment in prime U.S. urban real estate, a market in which it already has some experience. During the past two years, with other German banks, Deutsche Bank has bought Pennzoil Place and Shell Oil Tower in Houston...