Word: less
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Caracas, Saudi Arabia and Venezuela pressed for pricing restraint but were effectively countered by profit-hungry producers led by Iran and Libya. They urged an increase to at least $30 per bbl., arguing that anything less would be silly since consuming nations have been willing to pay prices that would have seemed unthinkable a year...
Consumers will lead the way down. They are running out of cash, credit and savings; also, they will have to pay much more for oil-related goods and services as varied as food and rents (tractors and furnaces burn fuel). So consumers will be obliged to buy less of almost everything else, notably cars, appliances and other durable goods. Squeezed by tight money, the construction rate of new homes and apartments could go as low as 1.2 million by March. As demand wanes, businessmen will further reduce production and inventories. But by late fall or early winter, their shelves...
...severe will the slump be? TIME'S economists figure that, from this autumn's high to next year's low, the G.N.P. will decline a total of about 2.4%. That would be much less than the 5.7% plunge...
...policy requires months to produce results. In fact, high interest rates will continue to add to inflation until they start to curb overall demand, and then prices are expected to taper off. Despite rising unemployment, wages and benefits stand to accelerate. They increased about 8% this year, or much less than the rate of inflation, and workers can make a strong case for more, just to catch...
...action that is rapidly becoming the hallmark of Britain's fighting lady. During a two-hour morning session with Carter in the Oval Office, Thatcher pledged to support the U.S. if Washington asked the United Nations Security Council to impose economic sanctions against Iran. "You would expect nothing less and you will receive nothing less but our full support," the Prime Minister told reporters. Carter and his aides were visibly delighted. At one point Carter said, "I want the American people to get to know you as I have come to know and admire...