Word: forecasters
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Dates: during 1970-1979
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Troubled Time. In the past two years Occidental has fallen into trouble. Production in Libya, the backbone of its operations, has been on a roller coaster and has never reached the mil-lion-barrels-a-day level that Hammer once forecast. The Libyan government ordered it cut from a high of 800,000 bbl. daily early in 1970 to 320,000 bbl. now. The revolutionary government of Colonel Muammar Gaddafi has been distressed by charges cited in a lawsuit filed in the U.S. that Occidental had won its concessions partly by f unneling money to officials of deposed King Idris...
...number of stateside assignments before achieving the rank of foreign correspondent and being sent to The Journal's Hong Kong Bureau. It was in Hong Kong that Kann first received wind of an impending struggle between India and Pakistan, Stationing himself in the troubled area. Kann's tile forecast the India-Pakistan War and the founding of Bangladesh. In recognition of his reporting he received the 1972 Pulitzer for International Correspondence...
...bachelor's degrees, 22% for holders of master's degrees and 20% for Ph.D.s. John Shingleton, director of the Michigan State University placement bureau, predicts that there will be a strong market for most skills this year, particularly in accounting and hotel management. Meanwhile, an annual job forecast compiled by Frank S. Endicott, Northwestern University education professor emeritus, indicates that job offers to college graduates will be up 19% for men and 35% for women from last year, and that openings for engineers with bachelor's degrees will rise 42%. The recent recession and lagging federal spending...
...plant, employer of two-thirds of Pittsfield's work force. Last winter, Richard K. Weil, the Eagle's industry and labor reporter, was barred from a GE press conference in New York after he reported the destruction by GE officials of a company-published-and pessimistic-business forecast...
...steep angle of rise. Last September the consensus of TIME's Board of Economists was that the G.N.P. in 1973 would expand by about $110 billion. In the months since, the Board's prediction has been echoed by other analysts until it has become the standard forecast. When TIME's economists assembled a few days ago, they said that the economy's fresh momentum led them to even higher predictions. Joseph Pechman, director of economic studies at Washington's Brookings Institution, asserted somewhat hyperbolically that the night before the meeting he had been revising...