Word: strife
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Dates: during 1970-1979
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...regime tirelessly proclaims that it will never again sell the 5.5 million bbl. per day that made prerevolutionary Iran the second largest oil producer in the 13-member OPEC cartel. On the other hand, the country's strife-battered economy desperately needs the hard foreign money that petroleum brings in. Since the Khomeini government has not yet figured out what its revenue needs will be, NIOC has been unable to gauge how much oil it will have to pump. In the uncertainty, Iranian authorities have been grabbing projected export figures out o the air, with semiofficial guesstimate ranging from...
Gold has always had a particular fascination for Old World investors, who have learned from grim experience that wars, revolutions and political strife can demolish less durable forms of investment. In France, the lust for gold remains as strong today as it was nearly two centuries ago when the National Assembly tried to spend its way to prosperity by issuing 400 million units of a paper currency called the assignat. Within five years, 50 billion of the worthless scraps were circulating, gold had jumped 600 times in value, and hoarding proliferated, even though the government made efforts to deal...
...panel planned the trip last September and has not met since the recent strife began between China and Vietnam, Horner said, adding the group had planned a meeting in Washington last weekend but cancelled it due to the snow...
First came an announcement by the U.S. Defense Department that upwards of $7 billion in military sales contracts with Iran had been canceled by mutual agreement as a result of the continuing strife in the country and spreading Iranian hostility to U.S. weapons sales. The disclosure, which affects some of the nation's largest defense suppliers, including General Dynamics, McDonnell Douglas, Boeing, Litton Industries and Textron's Bell Helicopter division, was shock enough. But even as businessmen wondered if additional deals were about to collapse, Energy Secretary James Schlesinger brought up an even gloomier subject: the increasing chances...
...written about. Violent protests by ultraradical Maoists in Washington's Lafayette Park and demonstrations by Taiwanese loyalists in Atlanta went unreported. With rigid discipline, the Chinese press portrayed Teng's host country as America the beautiful, a land apparently without poverty, blessedly free of political or racial strife, a perfect industrial model for the new China. As filler, Chinese TV stations even dipped into footage from U.S. propaganda films showing fruitful U.S. farms and factories...