Word: quota
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Like other OPEC pacts, the truce came after days of heated negotiations. And like other OPEC pacts, it may prove ephemeral. Iranian Oil Minister Gholamreza Aqazadeh broke a deadlock when he tentatively gave in to Iraqi Minister Isam Raheem al-Chalabi's demand for a quota equal to Iran's 2.6 million bbl. a day. To accommodate the 1 million bbl. increase in Iraq's quota, other OPEC members gave up a bit of their own allowances...
...Many felt the SCA quota system was not thebest way to deal with the situation," he said,"What we were trying to do was introduce morerandomness into the whole selection process...
...latest production binge had its origins in the eight-year Iran-Iraq war, which ended with an Aug. 20 cease-fire. During the conflict, Iraq desperately needed oil revenues to fuel its war machine. As a result, the country exceeded its OPEC production quota of 1.54 million bbl. a day. Now that the fighting has ended, Iraq will have enough pumping capacity to increase its production even more, from a current level of 2.7 million bbl. a day to about 3.5 million bbl. a day within the next 18 months. With 100 billion bbl. of reserves, Iraq ranks second only...
Available at the Hyatt press center--a list of over "words you won't find in the Democratic Platform Among them are: God, grazing, and Gramm- Rudman. Also missing: quota, Cuba and church...
...five-page report, titled "The Ideal of the Harvard House System," the SCA based its quota recommendation on Lowell's original conception of the house system. Lowell saw the houses as a means to preserve the diversity of the College in smaller residential units while improving students' academic and social environment...