Word: soaringly
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Dates: during 1970-1979
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...MRCA fighter-bomber interceptor gets off the ground nicely this week, it may also take some business from U.S. companies. The swing-wing, twin-engine plane can break the sound barrier at near treetop level (752 m.p.h. at sea level), then soar high into the stratosphere at more than 1,350 m.p.h. -and do all this while carrying an unusually heavy weapons payload. The plane is specifically designed to replace aging U.S. aircraft in the West German Luftwaffe and navy, the Royal Air Force and the Italian air force...
...OPEC VIEW. Jamshid Amuzegar, Iran's Minister of Interior, explained that the Persian Gulf countries have for years watched the prices of wheat and manufactured goods soar...
With wage-price controls dead, some businesses are boosting prices in order to increase profit margins. Raw-material prices continue to soar: last week the island nation of Jamaica announced plans to triple taxes and royalties on bauxite exports. The move will force up aluminum prices in the U.S., which gets 60% of its bauxite from Jamaica. Also, predicts Joseph Pechman, the U.S. is "going to begin to see a wage-price spiral." Wages have been rising at an annual rate of only 6½% to 7%, but Pechman believes that unions in an era of soaring inflation will become...
...even that proposal must still get final approval in the Senate and then the House, where it faces strong opposition. AFL-CIO President George Meany and other union leaders are putting heavy pressure on Democrats to kill all controls, which they contend held wages down while letting corporate profits soar. In the same vote, the Senate also endorsed a measure to create a new agency to replace the COLC. It would have power to call public attention to inflationary moves by companies, unions and the Federal Government, and even subpoena businessmen and labor leaders to public hearings. But it could...
Saundra Graham, chairman of the Cambridge City Council Committee on Housing, said the city "will be in terrible trouble when the law expires," predicting local rents will soar dramatically...