Word: globally
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Dates: during 1970-1979
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...global inflation virus has defied all attempts at treatment. The U.S., most European countries and Japan have all experimented?halfheartedly, to be sure?with some form of wage-price controls, tax and monetary tinkering or high interest rates; nothing has worked for long...
Some causes of the present inflation are readily identifiable and seem less than permanent. Much of the global surge in food prices over the past two years has been the result of plain bad luck. A series of disastrous crop failures in 1972, caused by phenomenally foul weather round the world, aggravated shortages of wheat, corn, soybeans and other animal feeds. Bumper crops now in prospect in the U.S., the Soviet Union and Australia should at least slow the blistering rise in food prices after midyear...
...than most industrial states to world inflationary trends because it has almost no raw materials of its own and must import those needed by its mighty industries. Prices began to rise sharply in 1972, in part because of the sudden spurt in the global cost of commodities and smartly rising wages. To restrain inflation last year the government reined in the money supply and cut spending to the bone. Then the oil crisis burst on Japan, raising nightmares of economic stagnation. Panicky consumers rushed to buy up everything in sight, wholesalers hoarded goods in jammed warehouses in anticipation of even...
...bring the Nine into an Atlantic system whereby they will be able to take only decisions that are approved in Washington." Kissinger irritated European leaders in his Atlantic Charter speech last April when he stated that the nations of the Continent had only "regional" interests while the U.S. had "global" ones. He now seems to be denying them even a regional policy. If Europe cannot have a separate policy in the Middle East, where it has historical, geographical and economic ties, where can it ever have a separate policy...
There's no business like covering show business, especially when it reaches the global proportions of Paramount's ambitious production The Great Gatsby. In England, Cultural Correspondent Lawrence Malkin talked with Director Jack Clayton in London and drove deep into the Surrey countryside to interview Mia Farrow...