Word: trade
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Dates: during 1970-1979
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Carter did not disclose just what sanctions the U.S. would request. But aides said they will probably include a partial trade embargo, exempting Iranian imports of food and Pharmaceuticals and exports of oil. Carter had no advance word from Moscow, aides said, whether the Soviets would go along with sanctions or block them with a veto...
This year, trade between the two countries is expected to reach an impressive total of $9.6 billion, up from $7.4 billion in 1978; it has made Taiwan the U.S.'s eighth largest trading partner. By contrast, two-way trade between the People's Republic of China and the U.S. this year will amount to $1.8 billion. Washington has quietly but systematically encouraged the bilateral trade boom. Among major recent deals: the Export-Import Bank, which sent a delegation to the island this fall, extended $500 million worth of loans during 1979. Since January, American banks have also contributed...
...since the first hammer dropped to the highest bidder have sales of valuables commanded such audiences, such publicity, such prices. While anything that is relatively rare is sure to fetch a pretty penny at auction these days, things of beauty and lasting worth-"objects of virtue" to the trade-are going for sums that would boggle the I of Claudius. Ars gratia auctionis. Throughout the U.S. and the rest of the West, once listless salesrooms thrum with auctiophiliacs in search of a piece of the past; the top firms hold several simultaneous sales a day six days a week...
...however. Christie's, closely followed in London by Sotheby's, in 1975 tacked a 10% buyer's premium on all sales (in addition to the average 10% commission charged the seller). English dealers with American backing sued the two firms for collusion and restraint of trade. The case will not even come to trial for an other year; in the U.S., where the same surcharge has been levied, a dealer's suit may be played all over again...
...Falcon and the Snowman omits no telling detail - about falconry, the drug trade, spy satellites, the duo's stoned bum-bung, and their torturous legal battles after capture. But there are enough tantalizing loose ends in the book to make it clear that Lindsey is describing life, not art. Why, for instance, did TRW put a 21-year-old, $140-a-week college dropout in such a sensitive post? Did the leaks really damage U.S. security? Perhaps Boyce and Lee actually were being used by the CIA to spread false evidence. If not, concludes Lindsey, then "the affair...