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...persuade the other members of OPEC (which includes several non-Arab states) to cut prices to a more reasonable level. They may fear that sky-high oil prices threaten the stability of the industrialized nations, where much of their petro-wealth is stored. Another reason: price cuts might prolong world dependence on oil by discouraging large-scale efforts to develop alternate sources of energy, such as the U.S. Project Independence. (One proposal being circulated in Washington, and presumably noticed by the Saudis, envisages spending as much as $98 billion over the next 14 years to subsidize a synthetic-fuel industry...

Author: /time Magazine | Title: SUPPLY: Preparing for Arab Oil | 4/1/1974 | See Source »

...illnesses can now be controlled chemically. Researchers have theorized that depression may result when certain brain substances called monoamines are either lacking or are broken.down too quickly. A new class of drugs neutralizes monoamine oxidase (MAO), the enzyme that destroys these substances. The drugs, known as MAO inhibitors, thus prolong the useful life of the monoamines in the brain. The drugs by themselves are not considered a cure for depression, but they can give relief to the victim of acute depression while psychotherapy attempts to get at the root of his problem...

Author: /time Magazine | Title: Exploring the Frontiers of the Mind | 1/14/1974 | See Source »

...Johns Hopkins University and Paul Zoll of Harvard Medical School by Heart Surgeon Michael DeBakey, chairman of the jury that last week selected them as winners of the annual Albert Lasker research awards.- The two researchers were chosen for their development of techniques and devices that save or prolong more than 150,000 lives a year. Between them, they have made it possible to control a variety of heart rhythm disorders, to restart a stopped heart, and to convert a faulty pulse into a steady beat...

Author: /time Magazine | Title: Medicine: Award of the Heart | 11/26/1973 | See Source »

...Congress could then rescind his order at any time by passing resolutions, which are not subject to White House veto, in both houses. Even if such resolutions are not forthcoming, the President must halt the operation after 60 days unless it has been approved by Congress, though he could prolong it another 30 days by certifying that the additional time is necessary for the safe withdrawal of the troops...

Author: /time Magazine | Title: FOREIGN RELATIONS: Limiting the Power to Wage War | 11/19/1973 | See Source »

These trends combined to push up U.S. farm exports an amazing 60%, to $13 billion, in 1972-73 alone. Export demand is still rising, but nothing short of a series of malevolent miracles could prolong that pace. Already, some tendencies are at work to take the frenzy out of demand. The huge size of the American crop is allaying fears of foreign buyers, who are now likely to scale down immediate orders in the belief that supplies probably will be available later. Other nations are increasing their harvests this year. Canada's wheat crop, for instance, should weigh...

Author: /time Magazine | Title: AGRICULTURE: Farming's Golden Challenge | 9/10/1973 | See Source »

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