Word: rising
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Dates: during 1970-1979
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That is the concern of former Secretary of Defense (and more recently, of Energy) James Schlesinger. In an interview last week with TIME Diplomatic Correspondent Strobe Talbott, Schlesinger described the fall of the Shah last January and the rise of Khomeini as "a cataclysm for American foreign policy?the first serious revolution since 1917 in terms of world impact." Said Schlesinger: "It is plain that respect for the U.S. would be higher if we didn't just fumble around continuously and weren't half-apologetic about whatever we do. An image of weakness is going to elicit this kind...
...council, someday decides not to run again, his decision won't add his East Cambridge constituency to the CCA ranks. The Italian-surnamed successor that Vellucci-supporters are likely to find won't prove as liberal. Instead, a new neighborhood dynasty, like those built by other city conservatives, could rise, toppling the liberal coalition majority and with it rent control...
Carter's latest episode of rhetorical overkill may have won him some election campaign points, coming when oil companies have been announcing unexpectedly high profits. Last week, following reports by other major oil companies of large third-quarter profit boosts, including Exxon's 118% rise to a record $1.1 billion, the Standard Oil Co. of California announced a quarterly gain of 110%. Ten of the largest U.S. oil companies showed third-quarter gains averaging...
...congressional change of heart came at a particularly poor moment. Despite ample world supplies of oil now, fear of future shortages is prompting stockpiling and sending prices higher. The turmoil in Iran continues to give rise to worries of new production cuts by one of OPEC's most important oil suppliers, and the cartel itself now seems certain to announce new price increases at its December meeting in Venezuela. The Saudis, who have held their price at the cartel minimum of $18 per bbl., may raise it closer to the levels of other producers: $23.50 or more...
...Forli, Italy. Rachele Guidi met Mussolini in 1906 while working in the kitchen at his father's inn. He threatened to commit suicide if she would not marry him, but they lived together five years before the union was made legal in 1915. During Il Duce's rise and reign from 1922 to 1943, Donna Rachele remained at home, keeping house and rearing their five children. After the dictator was shot by partisans and hanged by the heels along with Claretta Petacci, his best-known mistress, his destitute widow returned to her native Forli. There she battled successfully...