Word: shipments
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Dates: during 1970-1979
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Oilmen are fearful that Iran will soon go a step further and simply cut back its production by a flat 700,000 bbl. With the world market tight, any such reduction would push up prices sharply, especially for single shipment cargoes that are sold on the so-called spot market, where more and more of the world oil trade now takes place...
...52nd Street. It is owned by the tax-exempt Pahlavi Foundation, created by the Shah but now controlled by the Ayatullah's supporters. The Iranians also own some U.S. military spare parts stored in a warehouse at New Jersey's McGuire Air Force Base and awaiting shipment. But, says David Bauer, an economist for the Conference Board, a New York-based research group, "I can't think of a single Iranian investment in a factory operating...
Anti-I.R.A. attitudes have hardened in the Republic in the wake of the Mountbatten assassination, and police there appear to be having some success at curbing the guerrillas' activities. Late in October, Dublin authorities seized a large shipment of contraband U.S.-made arms that included M60 machine guns, and last week they began the trial of two I.R.A. defendants charged with planting the bomb on Mountbatten's boat. Though the two, Francis McGirl, 24, and Thomas McMahon, 31, are pleading innocent, detectives testified that they had traces of gelignite explosive material, sand and paint from the boat...
...I.R.A. Though contributions have been cut in half since 1976, U.S. aid to the I.R.A. still amounts to about $350,000 a year, and it can come in very lethal forms. Late last week a sealed container of armaments from the U.S. was seized in Dublin harbor. The shipment included M60 machine guns, Armalite rifles (snipers' weapons) and 40,000 rounds of ammunition. Another concern is moral backing of the I.R.A. by some U.S. politicians, whom Lynch accuses of hobbling the cause of peace. On the eve of his departure from Dublin, Lynch talked with TIME London Bureau Chief...
...most bizarre episodes in nu clear history was the 1968 disappear ance at sea of a shipment of 200 tons of uranium. The heist was not confirmed until 1977, when it was generally assumed that the Israelis had latched onto the ore, enough to make 30 bombs at their atomic reactor in the Negev. This insubstantial news snippet was seized upon by bestselling English Novelist Ken Follett (Eye of the Needle), who has processed it into one of the liveliest thrillers of the year...