Word: interims
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Critics believe that the U.S. gave up too much and failed to anticipate Russia's growing technological sophistication (see page 25). "In the interim agreement (SALT I), we agreed to inferior numbers, but the Soviets did not agree to inferior technology," says Senator Jackson, echoing the concerns of Defense Secretary Schlesinger and the Pentagon...
More important, the Saudis hope to complete negotiations for full ownership of the Arabian American Oil Co. Only two weeks ago they completed an interim deal that raised their ownership from 25% to 60%-a move with ironic consequences in light of their stated desire to lower prices. Under the complicated oil pricing system, the four American oil companies (Exxon, Texaco, Standard of California and Mobil) that have part-ownership of Aramco will have to "buy back" 60% of Aramco's daily output at 93% of the posted price, raising the market price of Saudi crude by about...
...home before dark. The Harvard policy issued 800 whistles to students, and pressed an educational campaign urging students to be watchful for scuffles but not to become involved. They offered to supply rides for anyone stranded away from a bus line. In January, Bok's committee released an interim report which stressed furthering security activity...
...more stomach for war in Africa, and the junta will have to grant the African territories freedom, whatever its shape and form. "There is no doubt about it," says Henrique Scares de Melo, a white lawyer in Mozambique who is expected to be named soon to head an interim territorial government. "It may be a Marxist government. It may be a Maoist government. It will be for the people to decide...
...second-ranking churchman since 1961, and he is known as a fine preacher, administrator and scholar. Another leading candidate was Bishop John Howe, who administers the worldwide Anglican Consultative Council and who, at 53, may yet have a chance at the top post. Coggan is generally viewed as an interim leader; he is expected to follow Ramsey's precedent and retire at 70, which will give him only five years in office. Meanwhile other, younger bishops will be seasoned, and a logical successor may emerge...