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

...ease the situation, President Nguyen Van Thieu last week decreed a package of reforms aimed at cutting inflation to 15% next year-a dubious proposition. His most significant move was to devalue the piaster-sort of. He established a "parallel rate" structure under which his country's currency will still be valued at 118 piasters to the dollar rate for "necessity" imports, but 275 to the dollar for luxury imports. A canny political device, the parallel rate will increase prices-and government revenues-on such imports as TV sets and refrigerators, while keeping prices down on essential imports...

Author: /time Magazine | Title: South Viet Nam: Dubious Proposition | 10/12/1970 | See Source »

...more worried now about the prospects for a nuclear arms limitations agreement with the Russians in the resumed SALT sessions at Helsinki next month. Yet if the Kremlin operates as realistically on its assessment of self-interest as in the past, Soviet behavior at Suez need not inevitably parallel Soviet behavior elsewhere. The U.S.S.R., after all, had flatly lied to President John Kennedy about its strategic missiles in Cuba in 1962, claiming that there were none and touching off a superpower confrontation. Yet a year later, the two nations were able to agree on a limited nuclear testing pact that...

Author: /time Magazine | Title: Nation: The Mid East: Search for Stability | 10/5/1970 | See Source »

...controlled areas were allowed free circulation (the development of a capitalist market), and if the growth of entrepreneurial opportunities was permitted (the development of business elites), then the NLF-controlled areas would undergo social changes that would link them to areas controlled by Saigon. Changing social forces would produce parallel changes in the balance of political forces...

Author: By David Plotke, | Title: The Theoretical Maintenance Of American Imperialism | 9/21/1970 | See Source »

There is nothing simple about Santana's music. The group's second recording, Abraxas, released this week by Columbia Records, shows less propulsive violence than the first, Santana. What it offers instead is a rare poetic delicacy. Rhythms move in parallel layers, interrupting, overlaying, penetrating one another, multiplying into mathematical complexity, finally merging into one overwhelming musical thrust. Unlike many rock groups, Santana uses lyrics rarely, avoiding cultural ferment in favor of musical bite. Though it offers an occasional vocal solo (as in the bluesy Hope You're Feeling Better), most of its featured solos...

Author: /time Magazine | Title: Music: Latin Rock | 9/21/1970 | See Source »

...commitments were reinforced by domestic political needs: he faces an election in the spring. In his talks with Agnew, Park reportedly settled for a face-saving agreement: gradual U.S. withdrawal of all its forces from South Korea and U.S.-aided modernization of the ROK army would be treated in parallel, a semantic nicety that left U.S. plans and Park's domestic position intact. The nicety did not come easy. The meeting between the two men went on for six hours instead of the two scheduled, and Agnew is known to have had to consult the Western White House after...

Author: /time Magazine | Title: Nation: Palace-to-Palace Salesmanship | 9/7/1970 | See Source »

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