Word: britain
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Dates: during 1970-1979
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...either case, the increase has menacing consequences for the oil-burning world. It will further fan the inflation that is raging at double-digit fury in the U.S., Britain, France and Italy. U.S. Treasury Secretary Michael Blumenthal estimates that petroleum increases alone have so far this year jacked up the inflation rate by 2.5% in the industrial countries. A further $5.45-a-bbl. boost is likely to siphon an additional $80 billion a year out of the major industrial nations, reducing their citizens' ability to buy food, clothes, houses?indeed, everything except oil. Result: further slowing of growth rates that...
Against that background, the heads of government of the non-Communist world's seven strongest industrial powers ?Britain, Canada, France, Italy, Japan, West Germany and the U.S.?will convene Thursday in Tokyo's ornate Akasaka Palace to consider what they might do. The meeting, fifth in a series of annual summits devoted to economics, was scheduled before the latest oil crisis broke, but it will be so dominated by petroleum worries that it is being called the energy summit. For Jimmy Carter, the meeting will be especially critical; American voters are far more irate about the gasoline shortage...
...month, but are being permanently relocated at the rate of only 10,000 a month. Of these, about 7,000 a month are going to the U.S. The result is that the camps and resettlement areas of Southeast Asia are choked with more than 300,000 refugees. Britain's Prime Minister Margaret Thatcher has called for an international conference on the plight of the refugees, and the subject is certain to be discussed at this week's summit conference in Tokyo...
...taken more than 30 years for Sri Lanka to find that out. After gaining independence from Britain in 1948, the country set up a welfare state that paid tangible dividends. Because of its free medical and educational programs, Sri Lanka today has one of the highest life ex pectancy and adult literacy rates in the developing world. But from the 1950s onward, socialist governments imposed increasingly stiff taxes on business to finance a maze of nationalized enterprises and a complex web of regulations that controlled everything from trade to foreign exchange...
There is an old evangelical hymn whose refrain runs, "Brighten the corner where you are." Scarcely anyone on either side of the Atlantic does that with more dazzling spontaneity and skill than Britain's Actor-Dancer-Singer-Clown Jim Dale. He is a grand and compelling reason for being at New Haven's Long Wharf Theater at the present moment instead of wherever you happen...