Word: annually
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Dates: during 1970-1979
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Jenkin candidly admitted that the new budget will result in an increase of the annual rate from 10.3% to 17.5% by next November. Thus many who will benefit from the changed tax structure may find their gains eroded by higher inflation...
...barely two years the country went from being nearly 100% dependent on imported natural rubber to requiring it for only 14% of its needs, an amount small enough to come from stockpiles in friendly Liberia, India and Brazil. Synthetic rubber was being produced ahead of schedule at an annual rate of 836,000 tons, more than 25% above the peak prewar imports of rubber. By war's end the Government had built and owned 51 synthetic-rubber plants at a cost of $700 million. These plants were later sold to private industry, and synthetic products now account for over...
...reduced import duties and trimmed taxes on business profits and agricultural exports. Private managers have been put in charge of money-losing state corporations, and the government has reduced the free and subsidized rice and flour distributions that ate up more than 30% of the previous regime's annual budget. Foreign investment is now running at about $40 million a year, 13 times the level seen in the last year of the former government. Sri Lanka, in short, is experiencing creeping capitalism. Says Jayawardene, a lawyer: "The developing world is now giving up controls. Not only us. They...
BANJO DANCING, OR THE 48TH ANNUAL SQUITTERS MOUNTAIN SONG DANCE FOLKLORE CONVENTION AND BANJO CONTEST AND HOW I LOST...
...Middle Ages. But a skittish uncertainty about fuel, along with other factors like the stand-down of the DC-10 fleet and the way that dollars shrivel like cheap bacon when they go abroad, has begun to work changes in the way that Americans are approaching their annual ceremonies of leisure. Many vacations this year are being curtailed, especially the traditional summer trips that Americans en masse have taken since the early '50s-the long cross-country excursion by car. Now, having glimpsed the mortality of the machine, many Americans are planning trips no more than a tankful...