Word: set
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Dates: during 1970-1979
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...midst of the uproar, while the Shah calmly set up housekeeping at his new haven, U.S. officials in Washington were trying to determine how his abrupt departure from the U.S. would affect the plight of the hostages. An answer soon came from Tehran, and then another and another. First, in their 74th communique of the crisis, the militants holding the U.S. embassy bluntly declared that "to reveal the treacherous plots of the criminal United States and for its punishment, the hostage spies will be tried." The same hard line was reflected in a banner headline by the newspaper Islamic Republic...
...fractious meeting in OPEC's history-it was a "bazaar" in the scoffing description of Saudi Arabia's Oil Minister, Ahmed Zaki Yamani-the cartel failed to agree on any uniform price. Instead, each country will fix the cost of its crude. The cartel also failed to set limits on production, as some of its hawks sorely want to do. In fact, the divisions were sharp enough to raise questions about the future of OPEC. While its members' separate price rises will cause immediate pain to the rest of the world, they also present an opportunity...
President Carter's Council of Economic Advisers had its own glum set of figures on the Caracas spinoff: consumer prices will climb by 1% more than they would otherwise have during 1980, and some 250,000 more workers will lose jobs. U.S. economic output will be shaved by some $17 billion, while $10 billion will be added to the nation's balance of payments deficit...
...would need congressional authority and, as the debate raged on Capitol Hill, businessmen would rush to raise prices to get in under the wire. Further, board members argued, controls would not affect three major sources of price increases: OPEC; Federal Reserve Chairman Paul Volcker, who does so much to set interest rates; and God, who creates the weather that determines the size of harvests...
...bishop's persuasive powers depended a good deal on deep-set, piercing blue eyes that seemed to transfix his viewers, and a burnished voice that would soar, pause theatrically or plunge to a hushed whisper. Wearing a cape and large pectoral cross, and with a blackboard as his only prop, he performed flawlessly without script or cue cards. He put something like 30 hours' preparation into each show, memorizing key points and the eloquent windup that would precede his famous "God love you" sign...