Word: westernism
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Dates: during 1970-1979
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That was part of the dream of the founders of postwar Western Europe, who envisaged economic cooperation leading toward ever closer political unity. Yet on paper, the powers of the European Parliament remain pitifully small. It will be essentially a consultative body with limited budgetary powers. But it could challenge the European Council, the Community's real lawmaking body, and the European Commission, its administrative arm. Such efforts could threaten the E.C.'s inner workings...
...automobile, especially a Mercedes-Benz, has become the most prized "donation" of all. At the Peking headquarters of a trade corporation, it was not so subtly suggested to a Western businessman that he should donate two cars, one for his own use during occasional visits to China and one for the corporation. Members of another trade corporation told representatives of a U.S. company that a particular commodity purchase did not have to be paid entirely in cash; instead, if the Americans came across with a car, the vehicle's cost could be deducted from the contracted...
Gierek came to power with a mandate for change. Worker riots in 1970 over increased food prices had toppled the Gomulka regime. The new government tried a policy of rapid economic development, heavily dependent upon Western technology and credits, to bring Poland out of economic stagnation. An international recession and a string of bad harvests led instead to an economic slump; and Gierek, like his predecessor, attempted to end artificial price controls in 1976. Workers took to the streets, and the regime backed down. With no solution in sight, Polish consumers now suffer from endemic shortages of meat. Necessary consumer...
...reported promising though very preliminary new data on a valuable weapon in their chemical arsenal. It is the drug tamoxifen, and it should be especially useful in treating those women whose cancer has spread beyond the breast. Said Dr. Charles Hubay of Cleveland's University Hospitals and Case Western Reserve University School of Medicine: "Chemotherapy and tamoxifen administered immediately following mastectomy were more effective than chemotherapy alone in delaying recurrence of cancer...
...squeeze is being aggravated by competition from Western European importers, who are paying premium prices to buy up heating oil that is refined in offshore Caribbean refineries and normally goes to the U.S. market. To ease the pinch, the Administration is now providing a temporary $5-per-bbl. subsidy for U.S. importers to match the European price. This has infuriated Europeans, who rightly argue that U.S. policy is fueling a price war that will hurt everyone...