| 101. |
Washington Post, The (DC) - December 19, 1977
Begin Offers Self-Rule To West Bank Arabs |
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Prime Minister Menahem Begin said yesterday that Israel is offering "automony, self-rule" to Palestinian Arabs on the West Bank of the Jordan River, with a "mutual right of settlement" and "security" there for Palestinian Jews.This alternative to Arab demands for a Palestinian state would permit Palestinian Arabs to have a genuine self-rule "for the first time in history," Begin contended.... |
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| 102. |
Washington Post, The (DC) - September 28, 1977
Trade Deficit Could Hit $30 Billion |
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Treasury Secretary W. Michael Blumenthal predicted yesterday that the U.S. trade deficit, which hit a near record $2.67 billion in August, might run as much as $25 to $30 billion this year, with a resultant deficit on current account of $16 to $20 billion.The current account balance is judged the best overall indicator of one country's financial position vis-a-vis the rest of the world. It includes flows of money from investments as well as the balance of trade. Because of...
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| 103. |
Washington Post, The (DC) - April 24, 1977
Foreign Lender Citibank: Big Stakes, Hedged Bets |
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Meyer Anselm Rothschild, the founding father of the banking family, got into the "foreign loan" business in the 19th century. He provided capital to various German princes, but only after personally inspecting the value and condition of their estates.Today, the foreign loan business is a lot more complicated and extensive. As a result of the sharp oil price increases, the recession of the early 1970s, and the desire of poor nations for economic development, private...
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| 104. |
Washington Post, The (DC) - December 21, 1977
Practicing Checkbook Diplomacy |
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Defense and intelligence data are the gist of national security and state secrets in most world power centers. In Saudi Arabia, it is different.For the Saudis, the location and amount of the tens of billions of dollars they own are as closely held as the Pentagon's information on the location of Polaris submarines in America's nuclear strike force. Saudi holdings in the United States are so sensitive that the U.S. Treasury cooperates with Saudi Arabia in keeping...
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| 105. |
Washington Post, The (DC) - February 20, 1977
The World's Wealth |
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IT'S THE SUDDEN swoops and crises in the world's economy that get the attention. But it's the slow and steady trends that are transforming the patterns of the world's wealth. One of these trends is the rapid rise in the production of the other industrial countries, relative to the United States. Another is the lack of improvement in the poorest countries, where the long-term increase in wealth per capita is now zero.These two trends will be...
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| 106. |
Washington Post, The (DC) - October 2, 1977
The World's Rheumatism |
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No burning crises but some wasting diseases. That is the condition of the world announced by the latest round of financial and diplomatic meetings here.Which means that the immediate future figures to be relatively tranquil. But is also means that meeting the long-term difficulties growing out of energy and associated problems will require years and years of work.Of the trouble spots around the world, the one closest to flash, point is the Mideast. Between Israelis and Arabs there...
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| 107. |
Washington Post, The (DC) - September 25, 1977
A Sluggish Worldwide Economy |
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World economic recovery will continue to be sluggish next year because of questionable progress in the three leading industrial nations - the United States, West Germany and Japan, according to a sober assessment by key finance ministers meeting here yesterday.The ministers are not predicting recession, but they see little likelihood that economic growth will increase more than fractionally over this year's 4 per cent rate in the industrial world. This would not be enough to...
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| 108. |
Washington Post, The (DC) - October 20, 1977
Carter Proposes A-Fuel Bank to Cut Proliferation |
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President Carter called yesterday for the creation of an international nuclear fuel bank as one means to discourage the spread of technology that can be used to fashion nuclear weapons.The President's proposal would be an attempt to assure a worldwide supply of nuclear fuels and thus lessen pressure on other nations to develop their own advanced nuclear technology, which might lead to the production of nuclear weapons.Addressing the opening of a three-day nuclear fuel...
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| 109. |
Washington Post, The (DC) - June 25, 1977
Banking Revolution Is Still Underway |
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Arthur Burns, chairman of the Federal Reserve Banking, looked around the room and felt humbled.Seated around him at an oval table in the Fed's richly decorated Terrace Room were a couple dozen of the world's leading experts on electronic banking, gathered there recently to compare notes and exhange anecdotes.'I know nothing about electronics," said Burns, to a wave of appreciative laughter. "I never have mastered the problems...
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| 110. |
Washington Post, The (DC) - May 15, 1977
The Inscrutable English Mandarin |
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IN THE SPRING of 1913, an extraordinary shipment was dispatched from Peking to the Bodleian Library at Oxford: 29 crates containing 4 1/2 tons of rare Chinese books, manuscripts and works of art, relics snatched from the disintegration of the Manchu Dynasty. In a single stroke, this acquisition quadrupled the Bodleian's Chinese holdings and made it the leading European library in the field.The 17,000 items in the collection were the (not wholly altruistic) gifts of an eccentric... |
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