Word: costlier
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Dates: during 1970-1979
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...nations than to those of the West. Most First World countries ultimately succeeded in boosting exports of their manufactured goods and technology enough to offset the higher import costs of petroleum. Developing countries, on the other hand, have had to spend so much of their foreign currency reserves on costlier oil or petroleum products that many have had to cut back sharply on development plans requiring capital equipment imported from the West. By joining in the chorus that blames the First World for the economic problems of the underdeveloped states, OPEC has been able to deflect responsibility for the disastrous...
...their home districts. A number of them−Senate Majority Leader Mike Mansfield, House Speaker Carl Albert, House Banking Committee Chairman Henry Reuss−began calling for some additional long-term federal help for all cities. A main reason was that New York's agony has made it costlier and tougher for many other cities to raise money from investors...
...chances for broad acceptance seem uncertain at best. In Western Europe and Japan, which are far more dependent on OPEC oil than is the U.S., critics argue that the floor plan is mainly aimed at getting the rest of the industrial world to safeguard a big U.S. investment in costlier sources of energy. The critics fear that they would be locked into a long-term commitment to high-cost energy that would offer unclear returns far off in the future. Japan's Foreign Minister Kiichi Miyazawa said that he considered the floor plan "beyond the bounds of reason...
Cash Bribes. The French have been working almost as hard to sell their latest Mirage, which is a refinement of a design that is already six years old and, experts say, obsolescent. If the Mirage is less agile and costlier (at $6 million), the French claim that it is also faster (Mach 2.5) than its American rivals. Essentially, however, the French count on a buy-European argument...
...same tune, Grants developed an identity problem: having always pursued a bargain-minded blue-collar trade, the chain suddenly began broadening and upgrading its lines of clothing, furnishings and appliances in an apparent effort to try to compete with J.C. Penney and Sears. To make these costlier goods easy to buy, the company peddled a variety of credit-card plans that eventually led it into a financial culdesac. To buy inventory, Grants borrowed heavily at high rates, and then had to wait for customers to pay their bills...