Word: state-run
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Sweden's state-run tobacco company uses taxation to help discourage the spread of smoking. Taxes already account for 53? of the 65? that Swedes pay for 20 cigarettes, and Sweden will boost the levy another 8? in July. At 73? a pack (83% of that in taxes), Sweden will still rank below Denmark, where a 90% tax makes a pack of 20 cost 88?, the world's highest price for cigarettes. Swedish officials predict from experience that the boost will bring only a brief and shallow slump in sales...
...task of working vast changes in the social shape of Britain. Crosland hopes to persuade the exclusive public schools to take a much higher proportion of scholarship students, is determined to fulfill Labor's goal to rid education of the so-called "eleven-plus" examination that in state-run schools forces children apart at the age of eleven-the top group streaming off to the academically superior "grammar schools," and the rest going on to conventional secondary schools. He will also implement Wilson's decision to open no new universities for the next ten years and instead...
...that was just an optimistic guess. The actual deficit, say economists, is likely to be closer to $1 billion. Moreover, better than half of the red ink flows from a handful of state-owned enterprises that seem to succeed only in costing the country money. The state oil monopoly, Y.P.F., is expected to lose $120 million this year; millions more go for the state-run airline and merchant fleets...
Disaccreditation by the Southern Association put the county's 116,000 high-school students in a jam. Though they can still enter Florida's state-run universities freely, private and out-of-state colleges often require that the applicant be a graduate of an accredited high school. Duval County also worried about its economy: new business nowadays can hardly be attracted to areas with schools authoritatively pronounced...
...under deposed President Arturo Frondizi, hurt the Argentine national oil company, and were illegal to boot. "But no one need be alarmed," he said. "Justice will be done." Last week, the private oilmen were still working for justice and a fair settlement. The country's state-run oil company, which took over the foreign holdings, has been unable to keep pace with demand, has gone back to importing wholesale quantities of crude oil for the first time in four years...