Word: traded
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Dates: during 1970-1979
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...figures of U.S. industry as compared with those of other industrial nations. The U.S., he says, is discouraging trade and capital formation, while other countries are doing the opposite. That is an idea whose time has come, at least among the experts: even many liberal economists now believe that Government regulation should be eased and tax policies changed in order to stimulate investment...
...introduction of Newcomer Strauss into the Middle East summitry shook the State Department to its foundations. That Carter would reach around Vance and Brzezinski and pick the glad-handing Texan, a lawyer, politician and trade negotiator relatively inexperienced in diplomatic affairs, stunned the department professionals. The move further diminished Vance's standing, removing a principal foreign policy area from his direction. It not only disillusioned the whole State Department but also aggravated the long-term power struggle between State and the National Security Council. Brzezinski saw Strauss's appointment as both a weakening of Vance's authority...
Southern Africa. The black manifesto demanded that Jews bring pressure on Israel to halt "its support of those repressive and racist regimes" in South Africa and Zimbabwe Rhodesia. Israel does in fact maintain a flourishing trade with South Africa ($120 million last year), and it provided military assistance that has been used against black guerrillas. Ties between Israel and South Africa started when both nations needed whatever allies they could find. Israel also used to help black Africa until the Africans themselves broke off these relations in order to take a more pro-Arab position...
...Food and Drug Administration and Federal Trade Commission have launched investigations, and local authorities are cracking down. Some people are suing. Few of the clinics are run by medically qualified skin specialists, but the trade is obviously lucrative. In 1978 Donald Underwood, an osteopath, is said by the New York State attorney general to have earned $1 million from his now shuttered Long Island clinics. Some operators are switching to a new ploy: offering to implant human hair fibers. But dermatologists warn that fibers collected from a number of people can provoke even more serious problems...
...Journal was orginally intended as a tool for businessmen and lobbyists in dealing with Government. But the magazine has also proved indispensable to bureaucrats and legislators, and today that dense, no-fooling Washington weekly has 4,000 subscribers, each willing to pay $345 annually. "We're a sophisticated trade magazine for those involved in policymaking," says Publisher John Fox Sullivan, and the Journal is every bit as thorough-and sometimes as dull-as this mandate would suggest. Washington's shakers and movers, along with many of the shaken and the moved, read it scrupulously. The White House...