Word: results
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Dates: during 1970-1979
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...their eleven parliamentary seats, thanks to the failure of a referendum that would have led to a separate assembly for Scotland. The Liberals, led by David Steel, could have a real effect on the election outcome if they hang on to most of their 14 seats. The result could be a hung Parliament in which Liberal support would be necessary to form a government. Steel has hinted that his Liberals would be willing to support either of the major parties under certain conditions...
Thanks to the substantial two-year delay in furnishing the reactor and its uranium, Giscard expects that by the new delivery date his nation's scientists will have perfected a nuclear fuel called "caramel," composed of 7%-enriched uranium that is unsuitable for making bombs. End result: lucrative contract is saved, international reputation is salvaged, Iraqis are appeased, if not pleased...
...embarrassment of riches comes when oilmen are battling to keep as much as possible of the increased profit that will begin flowing to the industry at the end of the month, when Jimmy Carter starts phasing out domestic crude oil price controls. As a result of controls, the average price of crude in the U.S. is $9.45 per bbl., vs. the world level of $14.55; removing the ceiling will increase oil company revenues by perhaps as much as $ 13 billion over the next 28 months...
...companies, and they are perfect targets for a bit of demagoguery because much of the public dislikes them too. Carter's verbal overkill is also intended to deflect public fury from the White House when gasoline prices, which are already rising sharply, go up even more as a result of decontrol...
...companies, however, the credits produce a perversely beneficial result. Instead of simply holding their U.S. tax liability to the nation's corporate rate of 46%, which is what they are intended to do, the credits sometimes let companies pay no taxes at all on their foreign profits. The basic reason: if a company has to pay taxes of more than 46% on its profits in a foreign country, the excess is counted as a credit. Then the company can use the credit to reduce or even totally wipe out income taxes owed...