Word: slashe
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...work overtime and weekends. Still, there was fear that British unions, which have a reputation for striking at the drop of a hat, might stage a general strike. Said George Evans of the huge Transport and General Workers' Union: "Feelings are at a boiling point. You cannot slash a man's wages by 40% and expect to get away with...
...gloom that has enveloped the industrialized West since the Arabs unsheathed their oil weapon in October lightened last week. Arab nations announced an easing of their production cutbacks-and around the world, there was growing suspicion that they never did slash oil output as much as they had proclaimed. Europe, heavily dependent on Middle East oil, seems surprisingly well supplied, and TIME uncovered evidence that Arab petroleum has been leaking into the U.S., too, despite a supposedly total embargo...
...present to an energy-hungry world. At a meeting in Kuwait, the Arab oil nations unwrapped a surprise package of moves that added up, at least in theory, to the first easing of their 2½-month-old oil offensive. They promised to raise production in January rather than slash it further as originally planned; output has supposedly been running 25% below September levels, but now the cut will be trimmed to 15%. The Arabs publicly maintained a total embargo on shipments to the U.S. and The Netherlands but added hard-pressed Japan and tiny Belgium to their list...
...much the Arabs have reduced oil output is impossible to determine, but the quantity of oil moving in world trade seems greater than could be expected after a genuine 25% slash in Arab output. Some indications...
...Last November the West German government officially predicted that a 25% cut in Arab exports would result in a 15% to 20% slash in the country's oil supplies in December. But new statistics show that crude oil imports are down only about 1.5% below daily levels anticipated before the Arab boycott began...