Word: fourth
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Dates: during 1970-1979
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...within weeks four of them were forced to resign. One was pushed out for reputed ties with the Mafia and another for alleged conflicts of interest and mismanagement of union funds. A third was found to have been an associate of a lawyer convicted of fraud and arson. The fourth had claimed to hold degrees from two prestigious European universities but turned out to be a high school dropout...
Bonn's counterintelligence assumed that Rödiger and her swain had fled to East Germany, as a number of other unmarried secretaries have recently done. Three of the women were employed by officials of the Christian Democratic Union, while a fourth worked at NATO headquarters in Brussels. All were apparently ensnared by a now familiar East German gambit: assigning handsome male Communist agents to lure well-placed secretaries into love-and spying...
...read in different ways. Annual pretax profits for the last quarter of 1978, when adjusted for the impact of inflation on depreciation and inventories, came to $177 billion. That was a compounded rise of 44% on an annual basis over the third quarter and 19.4% over the fourth quarter of 1977. Pretax profits, without inflation adjustments, rose 26.4% compared with a year earlier...
Other studies, out last week, suggest that those gains are exaggerated. An N.A.M. analysis of the Commerce figures concluded that after-tax earnings, adjusted for the effect of inflation on depreciation and inventories, rose only 10.9% from the fourth quarter of '78. Meanwhile, New York City's Citibank separately calculated that real earnings from operations over the whole year rose only 2½%. Said the bank's Monthly Economic Letter: "Despite glowing earnings reports, many U.S. corporations are scrambling desperately to hold even against the inroads of inflation...
Continuing a rash of price-gouging moves by many oil nations, Nigeria, the fourth largest producer in the 13-nation OPEC cartel, indicated that it was planning to tack on an export surcharge of perhaps as much as 17%. That advance will add further pressure for a fresh round of inflationary increases early next week, when OPEC ministers plan to meet in Geneva. Indeed, by an ironic White House oversight, Carter is expected the same day to play host to the signing of the Egyptian-Israeli peace accords in Washington. Arab hardliners, such as Iraq, Algeria and Libya, could well...