Word: rosing
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Dates: during 1970-1979
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...easily. Otmar Emminger, president of the West German Bundesbank, confessed that he had "given up hope that the markets would react to logic." Britain's Chancellor of the Exchequer Denis Healey found the entire world monetary system to be "in disarray" to the point of peril. The dollar rose a bit after the Senate's compromise on natural gas, the improved U.S. trade figures for August and Jimmy Carter's brief address to the IMF meeting pledging his "reputation as a leader" in support of the dollar. Still, delegates were disappointed by his lack of specifics about...
Directed by Lamont Johnson; Screenplay by Reginald Rose...
With a bit more wit, the production might have been able to distract the audience from some of its narrative in congruities; that's what Colin Higgins did for much of the time in his not dissimilar Foul Play. But Screenwriter Reginald Rose, best known for TV's Twelve Angry Men and The Defenders, is not Mr. Light Touch. The film's only flair comes from Director Lamont Johnson, who tries to force-feed sophistication into the proceedings. Johnson has shot the film at a fast pace in romantic Manhattan locations, and he has recruited outstanding stage...
...frustrating feeling shared by many Americans that their incomes are going up but their spending power is slipping got some additional statistical support last week. Take-home pay rose briskly in August, the Labor Department reported, and the average production worker with three dependents pocketed precisely $182.49, up 5.1% from a year ago. But inflation has made a mockery of the increase, and in fact Mr. Average is 2.5% poorer than he was last year and near ly 4.5% poorer than in 1972. Back then, his take-home pay of $121.68 was worth $96.80 in 1967 dollars. In those terms...
...summer by the Conference Board shows that 23% of U.S. families surveyed feel their living standard fell during the past year, forcing a clampdown on buying. Only 20% reported an increase in their standard of living, vs. 31% last spring. The latest consumer price index offered little comfort. It rose six-tenths of 1% in August to an annual rate of 7.4%, vs. a yearly rate of 11.4% in June and 62% in July. Food prices, which had been falling earlier in the summer, picked up slightly in August, but it was mainly increases in other areas that sent...