Word: oslo
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...Finance Ministry estimates that annual oil revenues by 1981 will be roughly 2½ times what the economy can absorb. The government can spend some of its excess profits on social services. It can also reduce its steep income taxes (now ranging up to 90%). But University of Oslo Economist Erling Eide predicts that any reduction in taxation would lead to a severe inflation resulting from Norwegians' increased spending power. The only way to contain the inflation, Eide says, would be to revalue the krone to reduce the cost of foreign imports. Revaluation, though, would damage such Norwegian export...
...Several smaller cities are about to lose their scheduled service altogether, if the Civil Aeronautics Board, as expected, approves the lines' plans. Pan American has petitioned to drop from its schedule all flights out of Washington/Baltimore Friendship Airport, Philadelphia, New Orleans and nine foreign cities, including Stockholm and Oslo...
Kissinger will be in Oslo on December 10 to receive the Nobel medal and a cash award of about $60,000, but speculators say Le Duc Tho will be absent...
Solzhenitsyn nominated Sakharov for the peace prize in a surprisingly choleric and wide-ranging 3,000-word article for Oslo's daily Aftenposten. In it, he attacked Western liberals for what he termed their readiness to denounce oppression in rightist countries and their reluctance to criticize the Soviet Union. "Such profound hypocrisy is characteristic of American political life today," Solzhenitsyn continued, referring to Watergate. "Without in any way defending Nixon or the Republican Party, I am amazed at the affected, loudmouthed wrath of the Democrats. Wasn't American democracy full of mutual deception during previous election campaigns...
While officially denying any complicity in the Lillehammer assassination, the Israeli government was feverishly making plans behind the scenes. A legal adviser of the Israeli Foreign Ministry flew to Oslo as part of an attempt to gain release of the captured agents. Even though Norway has very friendly relations with Israel, it may be inclined to punish the agents severely in order to deter further terrorism. The murder was obviously an error, but that is small solace for Ahmed Bouchiki and other innocents who are bound to suffer in the worldwide underground warfare between the Israelis and the Arabs...