Word: xeroxes
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Ever since oil-exporting countries showed how to run up prices by banding together, other developing countries have dreamed of emulating OPEC's success. Discussions have been held about forming cartels to cover commodities as varied as coconut oil, copper and phosphate rock. Such Xerox copies of OPEC have almost universally failed because of easily available substitute products or the unwillingness of would-be cartel members to cut production enough to maintain high prices. The copper exporting organization, for example, was weakened when industrial users began replacing that metal with plastics and aluminum, and effectively collapsed when the last...
...joint-venture projects with Egyptian partners that Sadat is encouraging. Though the oil companies have been involved in exploration for some years, the list of other major U.S. investors that have moved into Egypt or are seriously considering doing so is still fairly short. Coca-Cola, 7-Up and Xerox have set up operations there; Ford, General Motors and Union Carbide have investment projects in the planning stage. Yet Egypt has secured much Western financial assistance. This year it will get more than $1.7 billion in loans and grants, including $1 billion from the U.S. (which is also giving Israel...
...with Iran has declined since the revolution last winter brought about the nationalization of the banks and most private industry. A few years ago, the membership of the Iran-American Chamber of Commerce was a Who's Who of U.S. business. From A (Allis-Chalmers Overseas) to X (Xerox), the list numbered close to 250 and included practically every major U.S. company in international trade...
...filling top jobs in his Administration, in part because potential nominees are reluctant to commit themselves to a boss who may have only a bit more than a year in power. According to Washington rumor, such top businessmen as Henry Ford II, General Electric's Reginald Jones and Xerox's Peter McColough have turned down the post of Secretary of Commerce. Carter last week approved California Federal Judge Charles B. Renfrew as Deputy Attorney General. But Renfrew's formal nomination is being held up because Hispanics consider him unsympathetic. Carter now wants to couple Renfrew...
...Chicago chapter of the Planned Parenthood Federation sent a mailing to college newspapers that included a cartoon showing a Catholic bishop clutching a gasoline can to his breast as if it were a Bible; he was on his way to torch an abortion clinic. In 1972 the Xerox Corp. published a booklet directed at elementary and high school students called Population Control: Whose Right to Live? The authors, two independent university professors, implied that Pope Paul VI's teachings on birth control sanctioned the starvation of countless numbers ol people around the world and suggested that Roman Catholic students...