Word: pinches
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Dates: during 1970-1979
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...goes throughout the Third World. Just as ordinary inflation bites deepest among poor people, the petro-squeeze hurts the yearning, less developed countries (LDCS) most of all. They can afford the painful pinch of rocketing costs for energy and petroleum-based products such as fertilizers and other chemicals much less than affluent industrial nations can. Climbing oil costs consume precious foreign exchange, make it harder to buy farm equipment or factory machinery, and curb development spending on agriculture, industry, education and health...
...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...
...million in notes, Hannon asked Mayor Byrne to provide a city guarantee for the school board's financing. The mayor, concerned about the city's own credit rating, stalled and appointed a task force of bankers and lawyers to study the matter. Curious about the unexpected pinch, the Securities and Exchange Commission quietly began an inquiry into possible investor fraud in past sales of school notes...
Kirk's counterpart, Lieutenant Commander Spock (Leonard Nimoy), prized cold logic. Half-human, half pointy-eared green-blooded native of the planet Vulcan, the ship's science officer delighted in complex calculation, excelled at the mystical mindmeld and the mundane "Spock pinch," and continually confronted the fluctuations of Kirk's human emotions with rigorous Vulcan rationality. Even though he often sparred verbally and physically, with Kirk and Leonard "Bones" McCoy (DeForest Kelley), the crusty old ship's surgeon from Georgia, Spock demonstrated that his heart was in the right place (about where the liver is in humans...
...staggering $300 billion in foreign debts, and some Third World countries are close to bankruptcy. A few big defaults could severely shake the international banking system. As poignant testimony to the squeeze on all the developing countries, Sri Lanka is now begging for mercy from the OPEC price pinch. In a government-sponsored petition that President Junius Jayawardene hopes will be signed by 3 million of his nation's 14.5 million citizens, the island republic pleads plaintively that the cartel grant special concessionary prices to Sri Lanka's "dedicated and hard-working people...