Word: boostings
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...jubilation, in this nightmare, was that they had just engineered a huge increase in the price of crude oil. Unfortunately, this was no Arabian Nights fantasy but sobering reality last week. Several Arab ministers really did take part in a "Dance of the Rifles" to celebrate the sixth price boost by the Organization of Petroleum Exporting Countries since 1973, and potentially one of the most devastating...
...rebellion broke out there in September, output fell from 6 million bbl. a day to less than half a million. Though Saudi Arabia tried to fill the gap with its own surplus, that did not suffice. "The drop in production in Iran was the important factor in the price boost," says a U.S. Treasury official. "The Saudis are able to hold off the price hawks as long as they have excess capacity. They couldn't push any further, though, and had to give...
Last time around, in 1976, the Teamsters won a 34% wage-and-benefit boost over three years, setting quite a precedent-more than 10% a year. Nobody expects the settlement next year to be quite that high. In the past, trucklines have usually won automatic approval from the Interstate Commerce Commission to raise freight rates enough to cover any wage-and-benefit boost they might grant. Now, the ICC, with Administration support, has served notice that it will not be so generous. The Teamsters also are greatly concerned with maintaining their pension funds. It may help that the Administration...
...Secretaries to check in regularly with the Saudis and discuss politely whatever financial problems may come up. On his weekend visit, Blumenthal pleaded with the Saudis to hold down any increase in oil prices that OPEC may decree next month. The U.S. is resigned to a 5% to 10% boost, but fears that a larger raise would damage a fragile world economy. The Saudis have been muttering about how nice it would be if the U.S. would sell them bonds with an exchange-rate guarantee that could be redeemed for more than their face value if the price...
...first few minutes, after setting off again, I fell every ten or so steps. My mind couldn't control my legs, let alone summon the strength to boost me back up. Once down I would sway on my knees, occasionally falling flat on my face, until one or another or two of the men hoisted me up. As soon as they put a jacket on me I warmed up, regained some strength and considerably more sense. They wanted to make me drop my pack, as Mike had done. By then I knew enough to say no. We were below treeline...