Word: lastly
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Dates: during 1970-1979
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...movie to help them with installation. Insulated window shades, made of a multilayered quilt of polyester and aluminized plastic, are a fancier and costlier option at $60 to $100 per window. For those who can afford to wait out winter in bed, down comforters-selling at four times last year's rate -and electric blankets are recommended. Macy's 15 New York City area stores now offer an array of such items in specialized boutiques aptly known as "65° shops...
...known as Chilly Chic. In less trendy zones, people call it common-sense clothing. Either way, fear of goose bumps has struck: like squirrels gathering nuts, Americans are collecting cozy clothes for a low-energy winter. Department stores report record sweater sales, up as much as 50% over last year. Quilted down coats and jackets have descended from snowy mountains to urban streets. A mannequin in a Los Angeles store window wears thermal underwear -and spike heels. "Anything that even looks warm is big," explains a Chicago fashion executive...
...Saudi maneuver was a last-minute gamble to regain control over a cartel that shows signs of breaking into a wild scramble for ever greater profits. In a losing struggle to impose some restraint on surging prices, the Saudis have been selling their crude far below the prices charged by nearly all other members...
Since Americans use much more oil than anyone else, they need to cut back the most. As the Senate last week approved the outlines of a windfall-profits tax on the oil industry, Jimmy Carter was considering a steep new federal tax on retail gasoline. His economists argue passionately for it, but his political advisers worry about a backlash at the polls in November. Illinois Congressman John Anderson, a dark horse Republican presidential candidate, submitted a bill calling for a tax of 50? per gal., with the revenues to be used to chop Social Security taxes approximately in half. That...
Economic expansion, which depends on cheap fuel, is slowing almost everywhere. Taiwan's growth has declined from 12% last year to 8%, and South Korea's from 12.5% to 6%. Oil-fueled inflation is raging. Taiwan's wholesale prices rose 3.5% last year, but are expected to jump 16% this year; at least ten points of the total are directly attributable to increased energy costs. Many Third World leaders echo Kenya's Kibaki: "We have had to postpone vitally needed development projects. We are not importing any nonessentials...