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Word: closed (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

That "I'm all right, Jack" stance has dealt a mortal blow to the anti-inflation wage policies of Prime Minister James Callaghan. Although his Labor government has close links with the trade unions, Callaghan has had no success in restraining workers' demands for contract settlements that would greatly exceed his 5% wage-ceiling guidelines. The dam began to burst last fall, when Ford Motor Co. workers wrested a 17% raise after a bruising two-month strike. Since then, few unions have been willing to settle for less. The truckers, for example, have spurned a 15% hike proposed...

Author: /time Magazine | Title: BRITAIN: Collapse of a Social Contract' | 2/5/1979 | See Source »

...rather bury the Nazi past Both ARD and ZDF, the two national networks, declined to purchase the show They cited reports from West German correspondents in the U.S. that Holocaust which focuses on the suffering of a Jewish family and the rise of a young SS officer, verged "dangerously close to soap opera." Eventually WDR, largest of West Germany's regional channels, bought the show for $500,000, then arranged for other stations to join in a simultaneous broadcast that covered the country. Explained Program Director Günter Rohrbach: "A production on this subject cannot be ignored...

Author: /time Magazine | Title: World: Horror Show | 2/5/1979 | See Source »

...Pope reaffirmed the Medellin decrees, but spoke of them as "our point of departure." In the decade since, he said, "interpretations have been given that have been at times contradictory, not always correct, not always beneficial for the church." He did not elaborate on this intriguing statement, but sources close to John Paul indicate that he is deeply concerned over Marxist infiltration among Latin American priests. From this first glimpse, it seems that John Paul will seek to fend off further Marxist inroads while blending the church's spiritual resources with firm commitment to social justice and human rights...

Author: /time Magazine | Title: Religion: Warm Welcome for Pope Juan Pablo | 2/5/1979 | See Source »

...Saudi Arabia has helped to make up for the loss of Iran's oil by boosting its own output nearly 30% to some 10.3 million bbl. a day, close to the maximum that it is presently possible to pump from the Saudi fields. Iraq, Nigeria and Kuwait have also increased production somewhat. Right now, total world production is off by about 2 million bbl. a day. That is roughly equal to about 4% of global petroleum consumption, or more than enough to supply all the daily needs of Britain or Canada...

Author: /time Magazine | Title: Business: Oil Squeeze | 2/5/1979 | See Source »

...farmer. He developed the concept of AMREX while teaching real estate at the University of California at Berkeley. In the course of his research he discovered that local ownership of a random sample of prime property in the Los Angeles area had dropped from 90% in 1945 to close to 40% by 1965. Deciding that such absentee buying could be better handled through a central exchange of sorts, Jackson started a West Coast exchange in 1968 with a local real estate firm. Though business was uneven for the next few years and his partners pulled out quickly, by last September...

Author: /time Magazine | Title: Business: Hot Property | 2/5/1979 | See Source »

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