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Word: others (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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In the past eleven years, four American ambassadors have been killed in the line of duty. In 1968 Ambassador to Guatemala John Gordon Mein was shot during a kidnaping attempt. Ambassador to the Sudan Cleo A. Noel Jr. was murdered in 1973, when members of the Palestinian Black September group...

Author: /time Magazine | Title: Nation: The Old Rules Don't Apply | 11/26/1979 | See Source »

Under normal circumstances, neither of the U.S.'s actions should lead to such results. Oil imports from Iran amount to a scant 4% of total U.S. consumption. In theory, at least, those purchases could be easily replaced by swapping: oil companies could exchange Iranian crude with other companies that...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

Supply problems will be real enough for the oil companies that must abide by the Iranian embargo or risk losing their deliveries altogether. Because not every refinery can process all grades of crude, oilmen face logistical headaches in trying to switch about their Iranian and non-Iranian supplies. That is...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

Nearly half the total deliveries entered as gasoline, diesel fuel, heating oil, kerosene and other products from refineries throughout the Caribbean. Now much of the loss will have to be made up by having companies divert non-Iranian oil to the Caribbean refineries, while sending the Iranian crude to European...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

Bankers fret that other OPEC producers may take Iran's experience as a warning and begin moving their funds quietly out of dollars and into foreign currencies, gold and other assets. So far, there is no sign of that happening, nor is there likely to be. Most governments, those...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

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