Word: ifs
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Dates: during 1970-1979
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The picture evokes painful memories of the comparable photo of Aldo Moro before he was murdered by his Red Brigades abductors last year. More than that, if the allegations were even partly true, they would set off a Vesuvius of scandal. The group claiming to hold Sindona, the Proletarian Committee...
Homeowners are using both simple and desperate means to cut oil consumption, everything from buying flannel pajamas and woolen sweaters to closing off rooms .and even whole floors for the duration. In Agawam, Mass., Ernest Bleeck, 73, a retired sales manager, and his wife Mary, 66, spent $2,000 to...
That becomes more urgent with every boost in OPEC prices, and the increases now occur with taunting frequency. Since last December the cartel has increased prices by 61%. Now Nigeria, Algeria and Libya appear to be preparing to raise their price of oil by as much as $5 per bbl...
So far even the populist Carter Administration has backed Volcker's high-interest policy. Yet banks have had plenty of money to lend anyway-perhaps too much. In the past month, the money supply has grown at an annual rate of 11.5%. Beryl Sprinkel, executive vice president of Chicago...
Despite the increasing unemployment, the wage-price spiral continues. One example: the autoworkers' settlement with General Motors, which will set the pattern for the industry. If inflation averages 8%, the cost-of-living escalator in the new contract will boost the average cost of wages and benefits paid to...