Word: adopted
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Dates: during 1970-1979
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Iran and Libya urged that OPEC adopt the classic market-tightening tactic of cartels: production cutbacks of 5% to 10% that would keep prices high even if demand sags. But several members, including Venezuela, resisted on grounds that production levels are a matter of national sovereignty. Among those opposing the cutbacks was Iraq, which has invested heavily in oil development and is now pumping some 3.7 million bbl. daily, making it OPEC'S second largest producer after Saudi Arabia (9.5 million...
...show was carefully timed. This week the foreign and defense ministers of the 15 NATO countries are due to gather in Brussels to adopt formally a U.S. proposal to begin deploying 572 new intermediate-range nuclear weapons, including Pershing II and ground-launched cruise missiles, in Western Europe by 1983. These missiles, unlike those now in the NATO inventory, can hit targets within the U.S.S.R.; they are intended to counterbalance the SS-20 missiles and Backfire bombers the Soviets have positioned against NATO in the past two years...
...allegations "totally unwarranted and outrageous," vowed to do battle before a judge. More than honor is at stake. If the SEC prevails, it could order G & W to hire an outside auditor to fully investigate the company's affairs, recruit a more independent board of directors and adopt new management procedures...
...While refusing to adopt the policy for itself, South Africa supports one-man, one-vote majority rule in Zimbabwe Rhodesia and even Namibia. Why is your own situation in South Africa so different...
...rock in the Isle of Skye, weeping over a lost lover he had shared with Maynard Keynes, and thinking to myself how perfectly they got their own back, Keynes by inventing an economic theory which, after a period of spurious prosperity, must infallibly bankrupt the countries which adopt it, and Strachey by overturning the gods of the Victorian age, and with them the virtues such as thrift, hard work, integrity and truthfulness which they symbolized...