Word: pay
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Dates: during 1970-1979
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...Swiss to have been "a problem," said that Schilling was an apprentice agent whose prowess he wanted to test in an easy job. The Swiss suspended Bachmann from duty. As for Schilling, the Austrians last week announced that he would be tried on espionage charges. The price he could pay for his spy tryout: three years in prison...
...consumption of the size that would result from a 50? per gal. tax would pay important dividends both domestically and internationally. In the U.S. it would amount to an immediate and forceful warning to all Americans that energy conservation is now a national imperative. Overseas it would help loosen the world market for petroleum, make it at least somewhat more difficult for OPEC to raise prices, reduce prices on the spot market and send a signal to the U.S.'s increasingly skeptical allies that the nation is exercising leadership to curb energy use. Even with a 50? tax, Americans...
...prices beyond their present official maximum of $23.50 per bbl., but demand for petroleum makes a substantial increase certain. Single shipments of crude are being sold on the spot market for as much as $40 to $45 per bbl. This shows just how much people are prepared to pay for oil in the pinch that has been created by the loss, for much of this year, of some 2 million bbl. of crude per day from Iran...
Pressure is mounting on Chase in Europe to reconsider and reverse the default. One reason: the bank apparently did not tell its European partners that Iran had asked for a transfer of its funds to pay the interest on the loan, but that this payment had been blocked by President Carter's freeze on Iranian assets one day before it was due. Some Europeans now charge that the U.S. banks are acting as mercenary scouts of the Carter Administration in its campaign against Iran and that they have stopped playing the banking game under the gentlemanly rules of prior...
...Tuesday, a day after a terrorist bomb exploded outside the bank's Frankfurt office, Morgan obtained a second court lien on the same assets to cover yet a further Iranian debt. The German bankers had thought they would have first call on these assets if Iran failed to pay some of its German loans...