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Word: owned (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

Today Contadora is Panama's star resort, with a government-owned casino and 210-room hotel (average room price: $70 a day). About 80 weekend homes owned mostly by wealthy Panamanians dot the beaches and hills. Palm, papaya and banana trees shade the island, and peacocks and deer roam freely. Temperatures climb to a torrid 95° during the day, but drop to a breezy 70° in the evening. The resort is just now entering its busy season, with the hotel booked solid through April. And, understandably, the tourists worry about the island's most famous guest...

Author: /time Magazine | Title: Nation: Shah's Haven | 12/31/1979 | See Source »

The Shah's own security staff of eight has already been beefed up by at least 50 members of Panama's guardia. So far, the Shah has ventured out rarely, but when he goes out for the simplest of reasons, so goes the entourage: when he walked his...

Author: /time Magazine | Title: Nation: Shah's Haven | 12/31/1979 | See Source »

President Carter's Council of Economic Advisers had its own glum set of figures on the Caracas spinoff: consumer prices will climb by 1% more than they would otherwise have during 1980, and some 250,000 more workers will lose jobs. U.S. economic output will be shaved by some...

Author: /time Magazine | Title: Business: OPEC Fails to Make a Fix | 12/31/1979 | See Source »

Besides stricter conservation, one vital policy for the U.S. is to boost the use of coal and the production of syntheic fuels, including shale oil. The U.S. could be producing as much as 6 million bbl. of "synfuels" a day by 1990, equal to about 75% of all current imports...

Author: /time Magazine | Title: Business: OPEC Fails to Make a Fix | 12/31/1979 | See Source »

Climaxing a decade of disillusionment, the year 1979 tested Americans' capacity to absorb economic shock. Consumer prices doubled during the sputtering '70s, but it was in the decade's final year that the previously unthinkable became commonplace reality. The year that brought 13% inflation, 14% mortgage rates...

Author: /time Magazine | Title: Business: Now a Middling-Size Downturn | 12/31/1979 | See Source »

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