Word: largest
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...inflationary effects of defense spending are sufficiently mild so that the decision about how much is to be spent on arms should be made on other, noneconomic grounds." It is notable that those years when the Pentagon budget was largest in real dollars, and took its greatest share of the G.N.P. and federal budget, were also the years when the nation enjoyed some of its lowest inflation rates. In 1955 inflation was nil, and in 1965 it was around 2%. Increases of more than 2,000% in Government spending on health and housing in the past decade, declares Nunn, show...
...Premier Deng Xiaoping exceeded China's capacity to pay for it. In the past eight months, Peking has canceled or postponed billions of dollars worth of orders from Japanese, American and European companies. The retrenchment has proved particularly disturbing to France, which ranked as China's fourth largest trading partner in 1976. By last year it had slipped to eighth place and prospects for improvement diminished even more with the cancellation this year of contracts for two nuclear reactors worth $2 billion. The ebbing commercial ties reflect not only France's inability to compete successfully with such...
...notoriously brutal Treasury Police, who killed 18 people in a savage attack on striking workers at four large factories in the capital. Leftist terrorists cut loose with an orgy of violent protest, blowing up three power plants and burning seven buses. The 75,000-member Popular Revolutionary Bloc, the largest of El Salvador's leftist movements, denounced the new junta as merely a "change of face" and planned a mass demonstration in San Salvador. While giving permission for the demonstration, the new junta warned that it would use force, if necessary, to prevent a new outbreak of street fighting...
This early piercing of the OPEC lid came despite an attempt by Saudi Arabia the largest oil producer, to keep the lid on' Last July, Saudi officials announced that they would raise their daily oil production during the remainder of 1979 from 8 5 million to 9.5 million bbl. Not so long ago, such an increase would have prevented unilateral price hikes. No longer. The rules of the oil game have changed...
...STEVENS, the country's second largest textile industry, is notorious for its unethical and illegal labor practices. It pays its workers less than any other industry in the country. It combats workers' attempts to organize with blatant force or threats of dismissal. It lays off workers incapacitated with the brown lung disease contracted in the mills, refusing to provide compensation. But J.P. Stevens is not solely responsible for its workers' inability to organize against these abuses. Rise Gonna Rise argues that Stevens' workers are also prevented from organizing by their own nostalgic feelings and deference...