Word: term
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Dates: during 1970-1979
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...anticipated January summit will not come a moment too soon for Carter. Last week, talking with nine newly elected Senators, he described SALT tersely as "the most important single foreign policy question" of his Administration. A SALT II failure, he warned, would be "disastrous." At the mid-term Democratic convention in Memphis, Carter promised that SALT II would require the Soviets "to destroy several hundred of their existing missiles." Brezhnev also dwelt on the topic last week, calling for a pact "without further procrastination...
...high-level Administration officials wanted to say anything at all on the subject-on or off the record. Over the past few months, the U.S. has offered a variety of suggestions to the Shah, all designed to encourage him to press on with his liberalization campaign. For the long term, the Administration tends to favor the idea of a transition to constitutional monarchy in Iran, with the Shah retaining a unifying, if largely symbolic role. But right now the Administration is refraining from making suggestions; it realizes at last that the Shah is in mortal danger and has his hands...
...Department of Energy, which has to approve all company rationing and allocation plans, maintains that motorists will not have to worry about severe or long-term shortages-unless they panic and start trying to keep their gas tanks full at all times. Warns a top DOE official: "If people get a crisis mentality, we could get a problem that really isn't there." Adds Frank Ikard, president of the American Petroleum Institute: "The thing that I fear most is that the public will think the Shell announcement is the prelude to general rationing. If they do, we could talk...
This year AMC will sell some 150,000 of them to U.S. buyers, plus 25,000 abroad, giving its Jeep division 31% of the domestic sports-utility market-a term covering relatively small four-wheel-drive vehicles designed for off-road use. Running second is Chevy's Blazer with nearly 24% of the market, followed by Ford's newly revamped Bronco with 21%. Next year U.S. automen expect to produce 1 million four-wheel-drive vehicles. The field has become so attractive that even Mercedes plans to enter with its own four-wheeler by next summer...
...longer term, however, members of a united Europe might increase trade more with themselves than with the U.S., and a strong, viable ecu ultimately might rival the dollar as a real reserve currency. If that ever happens, Arab and other foreign governments might be tempted to sell dollars in order to invest in that odd new creature that has six parents...