Word: mid-1970s
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...bosom of Mapai, the precursor to the Labor Party, as a favorite of David Ben-Gurion, Israel's first Prime Minister. Sharon remained close to those in Labor, especially his friend Shimon Peres. Sharon served as a special adviser to Labor Prime Minister Yitzhak Rabin in the mid-1970s...
...suburbs of Washington State during the mid-1970s, Black Hole evokes that era's great teenage exploitation movies with its attention to atmospheric detail. It even begins in typical teen horror gross-out fashion, with the two protagonists in biology class, hunched over the slit belly of a supine frog. Shaggy-haired Keith digs the fact that he has been partnered with the "total fox" Chris Rhodes. But as he stares into the spilled amphibian guts he becomes overwhelmed by a dark premonition: "I felt like I was looking into the future?and the future looked pretty messed up." Overwhelmed...
...multiply that scenario across the thousands of European businesses dependent on crude oil, which hit a record $68 per bbl. last week and is up over 40% in the past six months. The result should be an inflationary spiral like the one that followed the oil shock of the mid-1970s, right? Not quite. For much of Europe, inflation remains muted; French consumer prices actually dropped in July. And the overall economic outlook seems to be improving in some places, most notably in Germany, Europe's biggest economy...
Self-insurance is a strategy that many businesses, professional people and governments are exploring (or, more often, being forced into). But the experience of doctors indicates it is not much of a solution. In the mid-1970s, doctors organized a number of companies, promptly dubbed "bedpan mutuals," to write malpractice insurance at lower premiums. But several of the bedpan mutuals are said to be in financial trouble, and as a group they too are raising premiums rapidly. Going bare is an act of desperation: business executives and professionals who are operating without insurance almost unanimously voice deep worry that...
...mid-1970s, during what Limpert calls “the golden era” of corporate involvement in the arts, he began to develop strong relationships between New York’s cultural and commercial sectors. Limpert says that he pulled together a group of charity-minded Fortune 500 CEOs to promote corporate investment in the MoMA. The committee generated over $3 million in gifts...