Word: sales
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Dates: during 1970-1979
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...Also announced late last week: a new $1.2 billion arms sale to the Saudis.) The additional Saudi oil would wipe out much of the shortage of crude in world markets, permit U.S. refineries to run faster (they in fact worked at 90% of capacity in early July, the best rate this year) and prevent the long gasoline lines of late June from reappearing this year. But the Saudi action emphasizes rather than relieves the U.S. dependence on foreign oil, and Carter himself fears that it might lessen the sense of crisis that could put the nation in a mood...
...morning in Japan to say that five of your senior employees have quit causes some soul searching. It made us realize that we needed a better pension plan and a more equitable pay structure for our employees," Eckstein said. The ordinary DRI employee will benefit from the sale, he said...
Eckstein and his family will reportedly make more than $100 million from the sale. DRI earned $3.1 million in profit last year on sales of $31.5 million...
Eckstein added that the recent departure of seven senior executives dramatized the problems of being a small company. Their departure did not cause the sale, but it was a factor, Eckstein said. The executives left to start their own competing company, he added...
...that year a Peruvian government undertook to save the animals by creating a 16,000-acre preserve called Pampa Galeras in the windswept highlands in the southern part of the country. Peru also signed a pact with Bolivia that banned for ten years the hunting of vicuna and the sale of products made from the animal; subsequently, Chile and Argentina joined in the La Paz Convention. In 1973, 51 nations voted to place the vicuña on the endangered-species list and bar it from the commercial market...