Word: maintainance
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Dates: during 1980-1980
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...sinking Government with considerable grace and good humor and, though a military man, he was much less authoritarian than his predecessors. While many Democrats resented his role in trying to preserve Nixon's presidency, Leon Jaworski, then special prosecutor, now completely exonerates him of any wrongdoing. Haig helped maintain staff morale and ensure that essential business was done in Nixon's last days; he helped to ease Nixon out of office and prepare the transition to Ford...
...Muammar Gaddafi, who had previously seized a swatch of disputed borderland. Chad seemed to fit neatly into the Libyan leader's ultimate dream of a sub-Saharan republic. Habré, meanwhile, was less directly supported by France, as part of Paris' abiding policy of trying to maintain a forceful role in the affairs of the French-speaking former African colonies...
Some energy experts, nonetheless, maintain that the Bali agreement showed again the difficulty that the cartel is having agreeing on prices. Said one European Community official: "You can hardly call a meeting at which over half the tune was spent arguing about a war between the two most powerful military members a resounding show of unity." For more than two years, Saudi Oil Minister Ahmed Zaki Yamani has been trying to restore a unified price for OPEC crude. But the spread between the Saudi bench-mark or "marker" price and the cartel's ceiling price after the Bali meeting...
...Iran and Iraq, and the Saudis are continuing to pump about 2 million bbl. a day extra to make up for the shortfall caused by the Iranian revolution and by the destruction resulting from the Persian Gulf war. This has permitted oil companies and major petroleum-importing countries to maintain large reserves as a cushion against future price increases or production shortfalls. World reserves are about 300 million bbl. above normal for this period, and both the U.S. and Japan have decided to increase their stockpiles. Without that small world glut, OPEC would probably be pushing up prices even faster...
...receiving a coveted Kennedy Center honor for career achievement in the performing arts. At weekend-long festivities that included a musical tribute at the Kennedy Center, star-struck Washingtonians clustered around such visiting Hollywood idols as John Travolta and Lauren Bacall. But Jimmy Carter did what he could to maintain decorum. Said he: "Cagney and I agreed we would not exchange our Jimmy impressions...