Word: summiteers
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Dates: during 1970-1979
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...globe this week, both will know the real issue facing them: Must the entire non-Communist world go through a repetition of the oil-fired recession of 1974-75? The answer will not be clear even when the final gavel ends the OPEC meeting in Geneva and the economic summit in Tokyo. But the prospects are cheerless: at best, a slowdown in global growth, accompanied by more inflation; at worst, an outright recession?also accompanied by more inflation. Already, the downturn-that-might-be has picked up a name. Washington economists are calling it Khomeini's Recession?after the Ayatullah...
...heads of government of the non-Communist world's seven strongest industrial powers ?Britain, Canada, France, Italy, Japan, West Germany and the U.S.?will convene Thursday in Tokyo's ornate Akasaka Palace to consider what they might do. The meeting, fifth in a series of annual summits devoted to economics, was scheduled before the latest oil crisis broke, but it will be so dominated by petroleum worries that it is being called the energy summit. For Jimmy Carter, the meeting will be especially critical; American voters are far more irate about the gasoline shortage than they are pleased...
...summit atmosphere will also be clouded by a certain amount of diplomatic recrimination. Carter will encounter criticism for the conspicuous failure of his Administration to curb the American appetite for energy. Most of the lecturing will come from the European Community countries, who can boast that they are successfully shaving their own reliance on OPEC oil by nearly one-tenth. Another irritant is the Administration's recent decision to subsidize the import of such middle-distillate petroleum products as diesel fuel and heating oil,* which the Europeans see as a hasty overreaction that sets a dangerous precedent. Said...
...Vienna summit may have tipped the balance. It may have been the occasion when the show biz finally outweighed the statecraft. The meeting was important, yes. And the feelings that Leonid Brezhnev and Jimmy Carter develop for one another will linger and mark their actions. But the more than 2,000 reporters, commentators, anchormen, photographers, directors, scriptwriters and producers drawn to a summit now dwarf the participants in numbers, machinery and perhaps even in celebrity...
Aide Hamilton Jordan tried to cope with one sweltering day by throwing open his high windows, which allowed him to spend part of his time waving at passersby. Preparing for the Vienna summit, secretaries in the office of Zbigniew Brzezinski, National Security Adviser, doused all their lights to reduce the heat. One senior White House official, after closing his door so no one would see, tried to jimmy his thermostat, which was locked at 80°. He broke...