Word: rushes
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Dates: during 1970-1979
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...part, the Administration will charge the others with forcing higher prices by their rush to buy Rotterdam spot oil at staggering premiums. The U.S.has joined in the competition for supplies. But West Germany and Japan are believed to be especially guilty of this practice, which they are better able to afford with their ample trade surpluses and dollar reserves. Complains one U.S. official: "They think they can buy their way out." Warns another: "The way out of this situation is not for the Western nations to bid against each other. That just helps OPEC...
...from the reduced income tax, the budget calls for an increase in the value-added tax (VAT), a national sales levy that is applied to all but essential goods and services. VAT rates, which vary from 8% to 12.5%, will move up to 15%. That bad news triggered a rush to shops and department stores, as customers hurried to make purchases before the new rate goes into effect this week...
...hoopla of the Kentucky Derby or the high-speed sprint of the Preakness, but the Belmont and its demanding distance hold a special place of honor among horsemen: "The Test of the Champion." Only a horse in top form and full of racing heart can make the final closing rush for this third and most difficult leg of the Triple Crown. Coastal's triumph over Spectacular Bid, who had an air of invincibility as the day began, will be remembered as one of the great upsets in the sport's history...
...Gold rush of '79 heats...
...record $277.15 an ounce. Other precious metals have been piggybacking on the yellow stuff. Lately silver and platinum have risen even faster than gold. Predictions that gold could hit $300 an ounce by midsummer-and that other metals could rise in tandem -are becoming self-fulfilling as speculators rush to buy in anticipation of higher prices...