Word: costs
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Dates: during 1970-1979
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...ambitions for IAFEATURE grew, so did its cost-to a total of $31.7 million. The money was used mostly for military supplies for UNITA and FNLA, which were channeled through Zaire. Stockwell had a staff of about 26, plus an additional 83 operatives "in the field." The CIA also recruited a number of mercenaries, called "foreign military advisers" in deference to African sensitivities, to fight with UNITA and FNLA units. But instead of stopping the MPLA, Stockwell maintains, these efforts only spurred the Soviet and Cuban assistance that enabled Neto...
Neither rain nor snow nor complaints about slow delivery nor public worry about inflation can keep the Postal Service from completing its next appointed round of rate increases. By the end of May, the service will raise mailing costs enough to push some businesses into lifting their prices more and sooner than they otherwise would have done. For all classes of mail, the rise voted last week by the Postal Rate Commission averages 25.5%. First-class postage goes from 13? to 15? (vs. 6? as recently as 1971). The cost of second-class mail for magazines and newspapers will jump...
This will immediately push up the costs to magazine and newspaper publishers, mail-order houses and direct-mail advertisers, as well as to utilities, department stores, credit-card issuers and other businesses that mail bills by the billions. Says Robert Lenz, assistant comptroller of New York Telephone Co.: "The impact is very direct on us because we mail about 6.2 million bills a month. Roughly each cent of postal increase will cost us some $800,000 a year. That's a big whammo...
...Those costs are already climbing frighteningly. As the slumping dollar makes it increasingly difficult for even well-paid American workers to support Stateside living standards overseas, companies have had to offer many fringes (housing, cost-of-living and education allowances) to induce top people to take foreign postings. Compared with New York City, costs of living are 21% higher in Paris, 34% more in Bonn, 41% in Geneva and 56% in Tokyo...
...squeeze is particularly severe for American construction and engineering firms in the Middle East, where living costs are exorbitant. Some are replacing American managers and construction workers with recruits from Europe, Canada and Japan. Explains an Aramco official in Saudi Arabia: "Under the new law you can get two Britons for what one American would cost." Businessmen worry that U.S. exports will suffer because non-American supervisors will tend to order equipment from their own countries, where they know what is available, instead of from...