Word: theys
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Dates: during 1970-1979
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The Ayatullah insisted that the hostages were not protected by diplomatic immunity because the U.S. embassy was not a proper embassy. Said he: "It was a den of espionage, and they are spies. We reject all the clamor by various sections abroad that these people should be freed because they...
Today Contadora is Panama's star resort, with a government-owned casino and 210-room hotel (average room price: $70 a day). About 80 weekend homes owned mostly by wealthy Panamanians dot the beaches and hills. Palm, papaya and banana trees shade the island, and peacocks and deer roam...
The members did just that. But after the most 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...
After four days of dispute, the meeting in Caracas broke up with hard-line hawks such as Iran, Libya, Nigeria and Algeria planning to charge a minimum of $28.50 per bbl. and perhaps $30 or even more, while other cartel members said that they intended to go no higher than...
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...