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They call the raging Iran-Iraq war the most likely such spark, but cite others-including domestic revolt in Saudi Arabia, or the use of the Arab oil weapon again in another war with Isreal-that could slash U.S. energy supplies drastically, creating longer gas lines and higher prices than ever. Such gloomy scenarios may sound improbable, but don't dismiss them: the authors accurately forecast the Iran-Iraq conflict as likely weeks before it began...
...young. Presenting a copy of the Alternative Service Book to Queen Elizabeth last week, Archbishop of York Stuart Blanch declared that the Book of Common Prayer was "imposed by law upon a largely unwilling church." The new liturgy, he stated, is a "people's book." Perhaps. But traditionalists cite a Gallup survey showing that a majority of English churchgoers favor the old rites over...
...portfolio is in shares of utilities and companies involved in coal and other resources. But about a third of his holdings are in stocks of nine banks. Explains Olayan: "Their resources are infinite. Their raw material is money, and it does not deplete" like oil and gas. Associates also cite a gut interest in banking, perhaps stemming from a time 15 years ago when Olayan's Saudi companies were overextended and Citibank called in $2 million in loans. Says a friend: "Since then he has had a hate-love relationship with banks. He can get very excited when...
...stain, the words coming out in a lightly salivated rinse. "Couple of weeks ago (chomp) Carter goes into the plant up in Avon Lake (chomp) and says he'll give them a billion dollars (chomp, chomp, chomp). That's a lot of (chomp) bullshit...Reagan (chomp) can only cite the record (chomp). You talk about hostages (chomp), they're still hostages (chomp)..." The smile gets larger as the daughter of the waitress at the Czech grill downtown mechanically answers that mom will vote for Reagan. "Those people are normally 95 per cent Democrats," he says when the girl leaves...
UNDER THE PRESENT ELECTION laws, we can't "force" candidates to debate. Candidates adopt various reasons for opting out. Some cite national security reasons, others discomfort with the agenda or timetable, and still others worry about who will be included. Most often, one candidate will have more to lose by debating than his opponents...