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Next Sadat went back to Faisal and found him willing to use the much-vaunted "oil weapon" to put pressure on the United States. Faisal's first strategy, to threaten a hold up in development of Saudi reserves unless the U.S. cooperated, failed to bring results, so last October 6 Egypt attacked...

Author: By Peter Shapiro, | Title: Do The Arabs Really Want Peace? | 2/7/1974 | See Source »

...their tarnished image, police do manage to maintain courtroom respect -in some cases and in some places. Boston Defense Attorney Joseph Balliro points out that "anything that jurors really can't relate to will make them harden up. Motorcycle gangs, homosexuals, radicals, any defendants who threaten the juries emotionally, economically or politically" seem to lend credibility to the policeman as witness. "Suburban, small-town juries," says Balliro, "view a cop as the boy next door because, in a small town, he is." And they believe...

Author: /time Magazine | Title: Law: Cops' Credibility | 2/4/1974 | See Source »

...truckers who blocked the highways are the most recent and visible protesters. Airline pilots, upset by job cutbacks, threaten a Christmas boycott. Wherever one travels, there is a feeling of disillusion among the groups now being touched by crisis and material shortage. Bankers and finance men in Western cities ride along the raw edges of panic with their Wall Street colleagues. Many in the resort trade are petrified. The trade conventions of men in the petrochemical industry are held under a cloud of doubt. The immense plastics industry is nearing a slowdown...

Author: /time Magazine | Title: THE PRESIDENCY by HUGH SIDEY: Weighing the Rising Odds Against Nixon | 12/24/1973 | See Source »

Export Crimp. The Soviet reaction to the House action was immediate and angry. The news agency Tass called the amendments "interference in Soviet affairs" and the work of "cold war advocates," which was "at variance with detente." Certainly the amendments do threaten to impede the growth of U.S.Soviet trade. Administration officials have estimated that, by substantially reducing tariffs on such Soviet products as vodka and motorcycles, M.F.N. might increase Soviet exports to the U.S. by $10 million to $25 million a year −a considerable addition to Soviet shipments to the U.S., which in 1972 were only $95.5 million...

Author: /time Magazine | Title: THE CONGRESS: A Defeat for Detente | 12/24/1973 | See Source »

...early this month. He was not exaggerating. Since then, Japan's economic crisis, created by the energy shortage, has only grown worse. As Japan Times Editor Masaru Ogawa brooded editorially, it may turn out that "the Japanese economic giant has only feet of clay." Moreover, the political repercussions threaten to engulf Tanaka himself, and even raise the worrisome specter of a resurgence of Japanese nationalism...

Author: /time Magazine | Title: JAPAN: The Retreat Begins | 12/24/1973 | See Source »

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