Word: rising
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Dates: during 1970-1979
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...material development, technical development and the development of civilization are at the service of what constitutes man ... A critical analysis of our modern civilization shows that in the last hundred years it has contributed as never before to the development of material goods, but that it has also given rise to a series of attitudes in which sensitivity to the spiritual dimension of human existence is diminished, as a result of certain premises which reduce the meaning of human life chiefly to the many different material and economic factors-I mean to the demands of production, the market, consumption...
...which we all wish to serve, if I should keep silent, I who come from the country on whose living body Auschwitz was at one time constructed. But my purpose in evoking this memory is above all to show what painful experiences and sufferings by millions of people gave rise to the Universal Declaration of Human Rights, which has been placed as the basic inspiration and cornerstone of the United Nations Organization. This declaration was paid for by millions of our brothers and sisters at the cost of their suffering and sacrifice, brought about by the brutalization that darkened...
...delegates had ample cause to be gloomy. A forecast by the IMF staff said that the combination of higher OPEC oil prices and the U.S. recession will force the rest of the industrial world into a stagflation swamp next year. Average inflation in industrial countries will rise to about 8.7%, and growth will fall to a meager...
Producers' wholesale prices rose 1.4% in September, an annual increase of 18.2% and the highest jump in almost five years. That probably foreshadows a further rise in consumer prices, which are already growing at a 13% rate. The week's only good news: instead of rising from its August level of 6%, unemployment dropped in September to 5.8%. But many economists believe joblessness will still increase sharply in the months ahead as the recession bites deeper...
...becomes clearer that the only real way to restore the dollar's health is to cut America's inflation. As long as prices continue climbing at a rate of 13% in the U.S., compared with 6% in West Germany, the dollar will sink and the mark will rise. In such circumstances the dollar is lost, and attempts to save it will only ruin the nation's industry by making such exports as computers, airplanes and chemicals vastly too expensive in Japan or Germany, and imports like autos far too cheap at home. Former Fed Chairman Arthur Burns...