Word: pact
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Dates: during 1970-1979
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...would be substantially above the figure of 7% a year (22.5% when compounded over three years) recommended under Jimmy Carter's program of "voluntary" guidelines. By excluding some wage and benefit gains, however, the Council on Wage and Price Stability had been expected to proclaim that the 30% pact was close to the guidelines...
...second-floor Treaty Room the sturdy Victorian table that had been pur chased in the time of Ulysses S. Grant. Used by the Cabinet up to the day of Teddy Roosevelt, the table had witnessed some important business. Calvin Coolidge used it for the signing of the Kellogg-Briand Pact, which condemned war as a means of settling international disputes. The table is a favorite piece of the President's. "Solid - it gives the impression of strength," he once explained to a guest, rapping the dark wood. Dining-room chairs were placed behind the table, and the scene...
...experts emphasize, as do Jimmy Carter and Administration spokesmen, that last week's pact was but a single step toward a comprehensive peace. Says Hisham Sharabi, a Georgetown University historian and president of the National Association of Arab Americans: "The treaty doesn't even touch the central problem of Palestinian self-determination. As a result, the Arab world is more bitter and frustrated than ever...
...were to meet in Geneva. And not at all coincidentally, the Arab nations were expected to exact a penalty for a treaty they abhor by once again raising the price of oil. Even Saudi Arabia, which has long been a moderating influence in OPEC, disapproves of the Israeli-Egyptian pact enough to agree that oil should be used as a retaliatory political weapon against the U.S. But more than ideology and power politics would be at work in Geneva. There was also the simple desire to make fatter profits. Since the curtailment of oil from Iran, all OPEC nations have...
...peace pact at hand, but the inflation and energy wars rage...