Word: tiered
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Dates: during 1970-1979
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Fredie was sentenced to 30 days in jail after a non-jury trial in the Middlesex County Third District Court, but Fredie requested the new hearing to which he is entitled under the state's "two-tier" judicial system...
Perhaps not, but the rupture remains. As of Jan. 1, a barrel of Saudi or Emirate crude will sell for $12.08; a barrel from the other eleven countries will cost $12.70, reflecting an immediate 10% boost (the eleven propose to tack on another 5% on July 1). The two-tier price works out to about an 8% increase in the average price of oil imported by major consuming nations-enough to put a drag on the global economy. French President Valéry Giscard d'Estaing estimated that OPEC price boosts since 1973 have hit the French consumer...
Uncertain Future. Also, the amount of "free" oil is small. The Saudis sell only about 6.25% of their daily output on the open market. The bulk of their production is committed to four U.S. companies: Exxon, Texaco, Mobil and Chevron. They stand to benefit most from the two-tier system, but how much of the savings they will pass on to the U.S. consumer is unclear...
Angell eschews, with unjustifiable modesty, comparison with the métier's creator, whom he salutes in a touching envoi: "Farewell, upstate harp of Tamil Vale, Frank, sweet bird of Saratoga . . ." New Yorker Editor William Shawn, however, is pleased. "If Frank Sullivan knew about it, he would be pleased too," says Shawn. Or as Angell concludes, and Sullivan would have: "Peace on each land beneath the sun/ Good friends, God bless us, every...
...experts think the two-tier system can last. They foresee two possible outcomes...