Word: adds
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Dates: during 1970-1979
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...Caracas broke up with hard-line hawks such as Iran, Libya, Nigeria and Algeria planning to charge a minimum of $28.50 per bbl. and perhaps $30 or even more, while other cartel members said that they intended to go no higher than $24. All in all, the rises add up to a big increase over the OPEC official maximum of $23.50 that had prevailed since summer, the $18 that Saudi Arabia, the cartel's leading producer, had posted until two weeks ago, and the $12.90 that OPEC averaged a year...
...projected increases are expected to raise the nation's oil import bill from about $62 billion this year to more than $83 billion, representing a rise in fuel costs of $80 for every American citizen. The increase, said Energy Secretary Charles Duncan, could add from 4? to 8? to the retail price of a gallon of gasoline in the coming weeks, and 3? to 7? to the cost of home heating oil, a major expense for consumers in the import-dependent Northeast. Several of the largest oil companies, including Exxon, Mobil, Chevron and Texaco, last week announced wholesale gasoline...
PRICES. Inflation will abate, but not soon enough or substantially enough to cheer about. Recessions are usually slow to take the steam out of prices, and a tight money policy requires months to produce results. In fact, high interest rates will continue to add to inflation until they start to curb overall demand, and then prices are expected to taper off. Despite rising unemployment, wages and benefits stand to accelerate. They increased about 8% this year, or much less than the rate of inflation, and workers can make a strong case for more, just to catch...
...declared a jubilant Sir Ian Gilmour, Britain's Deputy Foreign Secretary. "It means the end of the war." So it seemed. Moments earlier, Joshua Nkomo and Robert Mugabe, co-leaders of the Patriotic Front guerrilla alliance, had entered a gilded room in London's Foreign Office to add their signatures to a twelve-page protocol that had already been initialed by representatives of Britain and the now defunct Salisbury government of Prime Minister Abel Muzorewa. The document: a three-sided agreement for a complete cease-fire in Zimbabwe Rhodesia's increasingly bloody seven-year civil...
...composite of those remarkable immigrants who parlayed dry-goods stores, nickelodeons and theater chains into movie fiefs. They are here too: Goldwyn, Mayer, Zukor, et al. Farber is a lovable old shark. The book's unlovable shark is Hareem Adani, a New York-based conglomerate chief out to add Farber Films to his corporate shell collection...