Word: rising
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Dates: during 1960-1969
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...Larger Sense. Devaluation may enable Britain to boost its exports (notably autos, appliances and aircraft) enough to erase a quarter of its trade deficit, but it will hit the pocketbook of every Briton. Grocers warned that food prices will rise at least 5%, starting with imported fruit, meat and vegetables. The cost of living normally jumps when food-importing Britain devalues. This time the price increases seem likely to touch off a new round of wage demands that Prime Minister Wilson, no longer armed with pay-freeze powers, will have trouble restraining. Promising that his complex web of economic restrictions...
...first major postwar recession and by sluggish business in France, the Common Market is headed for the slowest expansion in its ten-year history. In its third quarterly report, the Brussels-based EEC Commission has just concluded that the total output of goods and services in the Six will rise only 2½% in 1967, after discounting inflation...
...economic planners misjudged the economic trend and kept wage-and-price-stabilization rules in force too long. Twice this year, Finance Minister Michel Debre has been forced to lower his goal for economic growth, first from 6% to 5% and most recently to 4.2%. Wage rates are now rising faster than production and prices are climbing, despite a 41% rise in unemployment (to 212,800) over the past twelve months. Among the Six, only Italy enjoys a vigorously expanding economy, with prospects for a 6% growth this year amid stable wages and prices and rising factory output...
...Greek fleet is becalmed at Aulis, restive and stalled in its military mission to bring the beauteous and adulterous Helen back from Troy. An oracle has told King Agamemnon that if he sacrifices the life of his daughter Iphigenia the wind will rise and Greek arms will ravage Troy. Agamemnon, played with a mixture of bluff aplomb and sad perplexity by Mitchell Ryan, is a politician's politician who rules more by public opinion than private conscience. He fears the mob and decides to do the oracle's bidding...
GRAY concrete cliffs rise on a ridge above the Ontario woods 20 miles from downtown Toronto. This is Scarborough College, a new branch of the University of Toronto and John Andrews' only standing building. Another will rise behind Mem Hall in the next few years: Gund Hall, the new Graduate School of Design...