| 81. |
Washington Post, The (DC) - September 18, 1977
Arab 'Money Weapon' Could Be Used on West, Panel Warns |
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Arab nations have acquired a powerful, $50 billion "money weapon" that could be wielded against the United States and its Western allies in the event of another Middle East war, according to a Senate study released yesterday.The $50 billion represents that part of surplus oil revenuthat is in short-term bank deposits, or close-to-cash assets like U.S. Treasury obligations, that could be pulled out quickly.Withdrawal of the $50 billion, combined with another oil...
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| 82. |
Washington Post, The (DC) - April 10, 1977
'Where R5C Abuts C4' |
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At times, George Washington University's current zoning battle sounds rather like a Scotish clan war, filled with passionate rallying cries that nobody else understands. Housewives and retirees speak earnestly of F.A.R.'s and P.U.D.'s.An attorney for the university stood before the Zoning Commission last week and cried, his voice ringing with indignation, "This is the only location in the entire District of Columbia where R5C land abuts the C4... |
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| 83. |
Washington Post, The (DC) - October 12, 1977
Banks Poured Billions Into Failing Indonesia Oil Company |
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Before the near collapse in 1975 of the Pertamina state oil company in Indonesia, private banks poured billions of dollars into the firm, in part to finance the schemes of its entrepreneur president, Ibnu Sutowo, for new enterprises to add to the growing corporate pyramid.Last week, a State Department official who was in Jakarta at the time testified that the commercial banks were advised in 1972 of the precarious situation but kept loaning anyway, sometimes in contrvention of financial...
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| 84. |
Washington Post, The (DC) - July 15, 1977
Wide Impact as New York Closes Shop |
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America's business community and private investors paid tribute yesterday to New York City's claim to be the world's financial capital.With Wall Street stock exchanges closed and brokerage houses dark, it might have been the day for regional stock exchanges to demonstrate how well they can compete with the Big Board for action.With New York banks closed, yesterday could have been the time for other banking centers to prove that they could fill needs...
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| 85. |
Washington Post, The (DC) - November 27, 1977
Sadat Trip Shocks and Confuses West Bank Palestinians |
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"It's confusing. It's a terrible period," said one of the pillars of the Palestine Liberation Organization inside the Israeli-occupied West Bank.She was referring to the fallout from the surprise visit to Israel of Egyptian president Anwar Sadat. Only minutes before, Raymonda Taweel had been speaking with a great display of certitude about how bad the Sadat trip had been for the Palestinian cause.The confusion of Raymonda Taweel,...
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| 86. |
Washington Post, The (DC) - May 4, 1977
Mr. Vance on Human Rights |
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A GOVERNMENT that campaigns for human rights need to be precise about its purposes. Last weekend Secretary of State Cyrus Vance usefully began to lay out a series of clear principles for the Carter administration to follow. Ever since Woodrow Wilson, Americans have understood that these attempts to impose their morality on other nations are perilous. But most Americans consider it a national responsibility to keep trying, and some of the consequences are already beginning to nip at President...
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| 87. |
Washington Post, The (DC) - July 3, 1977
Merrill Lynch Takes on The Banks |
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The recent announcement from Merrill Lynch, Pierce, Fenner & Smith that it intends to offer its customers a new, brokerage account with consumer loan services similar to those obtainable from commercial banks has reheated the debate over territoriality between brokers and bankers.Included in the floodgate of legislation that marked the Roosevelt administration's first hundred days in office in 1933, Congress passed the Glass-Steagall Act. It was designed to split...
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| 88. |
Washington Post, The (DC) - November 20, 1977
Cashing in on The Art Bank |
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OVER THE past decade, the U.S. government, as a sign of its cultural maturity, has set out to devise a complex support system to help its artists survive, chiefly through grants - direct grants, indirect grants, matching grants and occasional commissions. Though millions have been spent in this way to support artists, very little federal money has been spent simply buying what they make - which is their art.The Canadian government five-years ago, however, began a fascinating experiment in...
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| 89. |
Washington Post, The (DC) - June 24, 1977
Breaking the Banks |
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THE HOUSE vote to stop the international development banks from using American money to aid a clutch of countries currently out of congressional favor is a nasty piece of mischief that ought to be promptly undone. The purpose of those banks - one that the United States accepted by joining them and one that serves American interests well - is to put some political distance between poor-country development and rich-country diplomacy. Donors have plenty of other means, including direct aid, for... |
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| 90. |
Washington Post, The (DC) - May 12, 1977
The governments of ship-building nations were war |
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The governments of ship-building nations were warned in Oslo yesterday that continued state support for construction of unnecessary merchant ships could prolong the current crisis in the world industry.O.R. Norland, executive director of Hambros Bank of London, told a shipping seminar here that although there was sympathy for efforts to maintain jobs, the message must be drummed home that maintenance of shipbuilding at artificial levels could defer genuine recovery indefinitely. ... |
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