Word: consortium
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Dates: during 1960-1969
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...have in Libya. A mere five years ago, Libya ranked virtually nowhere among the oil-producing nations of the world. Today it stands seventh, behind the U.S., U.S.S.R., Venezuela, Saudi Arabia, Kuwait and Iran. Thirty-nine companies have drilling operations in the Libyan desert. The biggest producer is a consortium, Oasis Oil Co. of Libya, Inc., comprising Continental, Marathon and Amerada-Shell. Also on the scene are Esso, Mobil/ Gelsenberg (75% Mobil-owned) and Amoseas, a joint exploration venture of Texaco and Standard of California. Together, these giants pump more than 1.7 million...
...body and the $3 billion project is keeping right on schedule toward scheduled flight in 1971. The Concorde is smaller, slower and less rangy than the B-2707, will seat only 136 people. But it costs only $16 million, or less than half as much, and the Anglo-French consortium, with 69 orders already in the book, anticipates more if work is held up on the American version...
...answer was recently suggested by the Protestant biweekly Christianity and Crisis. The magazine withdrew its deposit fund of slightly more than $10,000 from Manhattan's First National City Bank. The gesture of protest was taken because First National City is one of ten U.S. banks in a consortium that provides a $40 million revolving fund to the government of South Africa. In announcing the withdrawal, the editors conceded that it may not be the business of banks "to make foreign policy"; but so great is the evil of apartheid, they added, that some kind of token protest against...
Before he underwent surgery, the President discussed the tax question with newsmen at the L.B.J. Ranch. "We won't fire in the dark or jump in the dark," he said then. The day after his operations, members of Johnson's economic consortium-Treasury's Fowler, Budget's Schultze, Federal Reserve Board Chairman William McChesney Martin and C.E.A. Member Arthur Okun-spent a lunchtime hour at his bedside, and it was clear that nobody had jumped in the interim...
...bargain hunter, sent out feelers but backed away at the hefty asking price. U.S. Shipping Tycoon Daniel K. Ludwig, who recently tried unsuccessfully to merge his tiny Lebanese International Airways with Bedas' bigger line, expressed interest in buying stock control of the whole Intra empire. So did a consortium of European banks...