Word: holdings
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Dates: during 1970-1979
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...They accuse the Shah of degrading Islamic womanhood by exposing females to Western ways and destroying the former practice of sex segregation. But any return to the strict Islamic codes would affect the status of Iranian women and doubtless bar them from a number of jobs that they now hold...
...vote ended months of uncertainty over who would hold power in Lisbon. The Socialists, who are the largest party in the fractious Assembly, rejected the previous government, which was formed last summer by Alfredo Nobre da Costa, an apolitical technocrat, at the behest of President Antonio Ramalho Eanes. Eanes had just dropped Socialist Party Chief Mario Scares from the premiership after his governing coalition with the conservative Center Democrats fell apart. Scares was incensed by his ouster and was particularly upset because Eanes had not consulted the political parties before choosing Nobre da Costa. The former Premier insisted Eanes' action...
...Answer: Hold fast to that stringent policy. Let the recession come, if need be. More than that, aim for the downturn to be followed not by a vigorous rebound in production and jobs but by a year or two of only moderate growth...
...TIME economists generally beLieve the dollar will continue to hold steady next year, or even rise a bit. Big reason: the U.S. trade deficit, estimated at a record $28 billion this year, will drop by anywhere from $6 billion to $12 billion, as the recession cuts into imports. Stability in the dollar, in turn, will help to reduce inflation by holding down increases in prices of imports and of U.S.-made goods that compete against them...
...inflation to do some mild jawboning. Strauss's six-month tenure will be remembered mostly for one rueful wisecrack: "The score is inflation 100, Strauss 0." In October, Carter replaced him with CAB Chairman Alfred Kahn and proclaimed formal guidelines with some teeth. The rules: labor should hold wage and benefit increases to an average 7% annually, and companies should raise prices half a percentage point less than they did, on average, in 1976-77. The penalties: public denunciation of violators, and loss of Government contracts for companies that raise wages or prices too fast...