Word: transport
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Dates: during 1970-1979
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...energy, food, raw materials will fluctuate in a relatively higher range than in the previous downswing (1951-72). We shall have to try dealing with inflation more seriously than we now are. On the other hand, the Kondratieff upswing requires greatly enlarged investments in energy production and conservation, transport, water conservation and development, pollution control. When economists, politicians and businessmen come to understand that these will be our leading growth sectors, and we act to stimulate private and, where necessary, public investment in these directions, unemployment should be low, our growth rate high...
Readers of Fate Is the Hunter, Ernest K. Gann's unnerving account of his days as an airline and Air Transport Command pilot, will recognize the flying style. What is surprising about this rambunctious autobiography, however, is that although Gann tells a number of good wing-and-prayer yarns, some of his most surprising adventures have had nothing to do with aviation. He has been a newsreel cameraman, soldier, Broadway actor, polo player, farmer, cartoonist, commercial fisherman, deepwater yachtsman, Hollywood talent scout and, of course, a bestselling novelist (The High and the Mighty, Band of Brothers). He wrote, directed...
...meantime, officials express some concern about the southern border-the relatively soft underbelly of U.S. air defense. In 1971 a group of Cubans, using a low-flying, Soviet-built transport, dropped in unannounced at New Orleans airport for a sugar conference; in 1972 a Cuban defector flew his air force plane undetected to Miami. The U.S. keeps its intelligence eyes focused mainly on northern approaches where, it is assumed, there is the greatest threat of an attack...
...last summer, excessive bureaucracy, credit difficulties, erratic cash flow, transport and communications bottlenecks were prevalent. Once again, the expectations of the poor and middle class were frustrated. Rent for a modest two-room apartment in Tehran rose to $1,000 a month. For luxury villas in the northern part of the city, a monthly rent of $5,000 was not considered extravagant. There was a year's wait for a $6,000 Iranian-manufactured automobile; imported Mercedes 280s sold...
...Ranked in order of 1977 revenues. Shell is shorthand for the Royal Dutch/Shell Group, owned by two private companies, The Netherlands' Royal Dutch Petroleum (60%) and Britain's "Shell" Transport & Trading...