Word: prospects
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Dates: during 1970-1979
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Jane Erickson Mt. Prospect...
...unexpected outlay in these tight times. Earlier, Congress had been expected to offer stout resistance to an Administration proposal for a $159 million increase, to $6 billion, in economic and military aid worldwide for fiscal 1980. Last week's events probably will not alter that prospect dramatically, but they at least raise the possibility that the nation might be moved to renovate and expand its enervated foreign assistance program-if it can just be shown clearly the advantages of doing...
...David accords as vital to the success of any peace settlement. That support has not been forthcoming, despite pleas from Washington and Cairo. Saudi Arabia views any Egyptian-Israeli peace treaty as essentially bilateral and insists that only a comprehensive settlement involving all the confrontation states holds any real prospect for peace. In the meantime, Saudi economic and foreign policies remain a force for moderation in the area, a contribution that the Saudis believe goes unappreciated in Washington. As a result, the long, close friendship between the two countries has undergone a severe strain...
Another frighteningly familiar threat has suddenly loomed again: the prospect of production cutbacks by other OPEC members. Libya last week announced that beginning April 1 it will reduce sched uled deliveries to oil companies by 12 to 18% for unspecified reasons. Similarly Algeria told oil company customers to reduce purchases by 10% to 15%. OPEC officials tried to link continued oil supplies to a pro-Palestinian solution to the Arab Israeli conflict, but the real reason for the cuts is to keep supplies tight and prices high even though Iran is resuming limited production...
...gamble backfired on Callaghan. Some people backed Callaghan's plan because they want Scottish control in government and see devolution as the way to do it. But many opposed devolution, either because they dislike big government and the prospect of higher taxes or because they actually want more self-governance but think that this particular plan is a paltry concession from Westminster that will be used as an excuse to ignore future requests for more autonomy. They felt the bill was designed more to help Callaghan and his failing party than to help Scotland...