Word: period
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Dates: during 1970-1979
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Beneath the surface calm, however, was a growing mood of uncertainty. Koreans speculated endlessly about what, and who, would replace Park. With the major political figures out of public view, in deference to the nine-day mourning period, nobody could measure the extent of the power struggle that might already be under way behind the scenes. Nor could anyone tell for sure who was actually in charge of the country. Much of the talk centered on the enigmatic figure of General Chung Seung Hwa, 53, the Army Chief of Staff and Martial Law Commander. Last week Chung's deputy...
...South Korea buried Park with a somber, five-hour state funeral punctuated by wailing sirens. Secretary of State Cyrus Vance and President Carter's son Chip joined representatives from 42 countries. The presence of the opposition party leader Kim Young Sam was evidence that the mourning period had brought South Koreans a time of political truce. A traumatic bloodbath was behind them, but they had every right to be apprehensive about its uncertain consequences...
...member Pay Advisory Committee as part of a ''national accord" on wage policy that would mark a healing of the rift between the President and organized labor. When the committee's first working session took place, however, all the problems of proper compensation in a period of 13% inflation burst open...
...period of rapid inflation, well-organized workers and those with scarce skills can protect themselves better, but even they eventually fall behind rising costs, and their living standards decline. Like Oliver Twist, American workers are expected to begin asking, "Please, sir. I want some more." The minimum wage is already due to rise next Jan. 1 from $2.90 an hour to $3.10. Nonunion workers are likely to start demanding greater pay hikes to catch up with both union salaries and inflation...
...rising fast; today fuel accounts for about 30% of an airline's operating costs, up from 16% only two years ago. Having earned more than $1 billion in the first nine months of 1978, the industry cleared only $580 million in the same period this year, and all carriers are scrambling to cut costs. TWA has laid off 2,500 employees; and United, which was grounded by a long strike last spring and is now being hurt by passengers cashing in and flying on half-fare coupons, has furloughed 195 pilots and 400 other employees. Braniff has pulled...