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Wednesday afternoon, Oct. 17, a news ticker spelled out new complications. The Arab oil producers had just announced an immediate production cutback of 5%, to be followed by monthly cutbacks of 5% until Israel withdrew to the 1967 frontiers. We were so focused on the danger of an embargo that we thought the production cutback largely symbolic. It was?but it had revolutionary implications. As it became progressively evident that the producer cartel could set prices nearly arbitrarily by manipulating production, a new phase of postwar history began...

Author: /time Magazine | Title: YEARS OF UPHEAVAL | 3/1/1982 | See Source »

...when then President Richard M. Nixon withdrew American troops from Vietnam, the sixties ended for Tillinghast. At about the same time, he switched from drumming to Poetry, because, he grins, "I realized that I had a chance of being a good poet, but I would always be a mediocre drummer...

Author: By Naomi L. Pierce, | Title: From Berkeley to Istanbul | 2/25/1982 | See Source »

After waiting several months for Harvard to accept the gift, a philanthropic organization last week withdrew its offer of a sculpture on the theme "Gay Liberation" by a nationally renowned artist...

Author: By William E. Mckibben, | Title: University Declines To Take Sculpture On Gay Liberation | 1/29/1982 | See Source »

...problems besides guerrillas. Last week railwaymen began returning to work after a seven-day strike that cost the country $14.8 million in export earnings. Zimbabwe also lacks locomotives, although that problem should ease some what in the months ahead. South Africa began returning 26 of its engines that it withdrew from the country last year, and 60 more new locomotives, bought from the U.S. and elsewhere, are due in March...

Author: /time Magazine | Title: Zimbabwe: Rising Racial Tensions | 1/18/1982 | See Source »

Possibly, Americans withdrew their support from McCarthy not because he was a proven liar (as with Richard Nixon, the evidence had been there a while), but because he had been upstaged by trial lawyer Joseph Welch in the Army-McCarthy hearings. Or possibly, people simply grew tired of McCarthy and his tremulous voice, tired of him as they grow tired of over-exposed rock musicians whose hate-filled music finally becomes stale and offensive...

Author: By Robert M. Mccord, | Title: The Press and Joe | 1/11/1982 | See Source »

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