Word: european
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...stupid, vindictive old man"?their official support seemed tepid. Asked New York Times Columnist James Reston: "Where are the allies?" Where, he wondered, are the Europeans who always yearned for "collective security"? European diplomats retorted that they had backed the U.S. as well as they could and that West German Chancellor Helmut Schmidt and British Prime Minister Margaret Thatcher, in particular, had strongly supported Carter. Schmidt told colleagues: "The West must show unity. We must back the U.S." If the Europeans were restrained, it was probably because 1) it was a time for "cool professionalism," as an American diplomat...
Nearly half the total deliveries entered as gasoline, diesel fuel, heating oil, kerosene and other products from refineries throughout the Caribbean. Now much of the loss will have to be made up by having companies divert non-Iranian oil to the Caribbean refineries, while sending the Iranian crude to European refineries instead. That will mean steeper prices for Europeans because much Iranian oil is being sold at prices far above the official OPEC maximum...
...must come up with an equal amount of outside help. But banks are showing reluctance to sink more money into the troubled company. Chrysler thus last week was asked by the Government to step up its so far futile efforts for a possible joint venture with a Japanese or European car firm in order to raise additional cash...
Officially, as the Russians and their East European satellites see it, inflation is a disease unique to capitalism. "With the exception of the war years," triumphs Nikolai Glushkov, chairman of the Soviet State Committee on Prices, "there has never been any inflation in the U.S.S.R., nor does any exist today." Now let us all laugh, comrades. The East bloc, like the West, is suffering a severe dose of rapidly rising consumer prices. It is not called inflation but "an adjustment in the state pricing structure." Inflation by any other name stinks as badly...
...West, a major reason the East bloc's surging prices is the inflation in world oil. Russia is energy self-sufficient, and it supplies European satellites with about 80% of their needs. The prices of that crude are based on an OPEC formula, and they are going up-albeit at a slower rate...