Search Details

Word: somes (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
Sort By: most recent first (reverse)


Usage:

While governments closed ranks behind the U.S. initiative, some private bankers were troubled that banking itself had become more deeply enmeshed in petropolitics. Remarked a top international financial adviser in London: "We have an awful lot of people worrying that if the Americans can do this today to Iranian money...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

This process, known as petrodollar recycling, has pushed up the debts of the less developed nations to $300 billion. Many nations are so weighed down with debt that bankers are growing wary of lending them more. Yet if they cannot borrow, poor countries will have trouble importing more oil. Without...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

Though the immediate crisis facing the world is the direct responsibility of the Ayatullah Khomeini and his pseudo-government in Iran, the danger would not be nearly so grave if the U.S. had not allowed itself to become so dependent on foreign oil. Under the circumstances, there is no guarantee...

Author: /time Magazine | Title: Nation: The Economy Becomes a Hostage | 11/26/1979 | See Source »

For months he had waited patiently in the wings, as nine other Republicans entered the race without dislodging him from his position at the head of the pack. Last week Ronald Reagan, the once fervent evangelist of the political right, finally made his move. He did so in one of...

Author: /time Magazine | Title: Nation: Will the Last Remain First? | 11/26/1979 | See Source »

Iranian properties in the U.S. are even more meager. The most conspicuous among them is the 36-story skyscraper on Manhattan's Fifth Avenue at 52nd Street. It is owned by the tax-exempt Pahlavi Foundation, created by the Shah but now controlled by the Ayatullah's supporters...

Author: /time Magazine | Title: Nation: Not Much Left to Seize | 11/26/1979 | See Source »

Previous | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | Next