Word: trade
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Dates: during 1970-1979
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...more than 400 student demonstrators forcefully pointed out at the dedication ceremonies, the Kennedy School's decision to name its Public Affairs Library after Charles W. Engelhard--a notorious financial supporter, and beneficiary, of the brutal gold trade in South Africa--was a startling affront to all those who had hoped the University was sincere in its oft-stated concern for the oppressed in South Africa. School administrators, in accepting a $1 million donation from the Engelhard Foundation, clearly exhibited the same type of amoral, heartlessly opportunistic thinking that characterizes the worst decision-making in government today--the type...
...only Western leader who has managed to keep inflation low and productivity very high--West Germany's trade surplus exceeded $20 billion last year--the 60-year-old chancellor has taken a leadership role in both Europe and the world...
...also chaired a subcommittee that put out an influential report urging tougher action against Japanese trade protectionism...
...embarrassment for Jimmy Carter. Eager to slow the rising cost of food, the Administration condemned the bill when it was introduced in the House last February by a coalition of farm-state legislators. But when sugar industry supporters in Congress threatened to retaliate by blocking approval of the international trade agreement that was endorsed last month in Geneva, the White House abruptly switched signals and said the President would support the bill. The turnabout left White House Inflation Adviser Alfred Kahn in an impossible situation. Asked during House Agriculture Committee hearings if he considered the bill inflationary, Kahn replied...
...toward $1 a gallon, Americans are still paying unusually low prices; Europeans for years have been paying two or three times as much for gas as Americans. The price in France was $2.44 a gallon last week. But Americans go on printing more money and descending deeper into trade deficits to pay for their energy habit...