Word: sup
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Dates: during 1960-1969
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...plans. Some would adjust exchange rates annually, some quarterly, some monthly. Other versions would make adjustments optional and not automatic-that is, at the discretion of each government. All advocates agree that it is essential to make the parity changes frequent but small-perhaps 1% to 2% yearly. Sup porters believe that, under such a system, the value of a country's currency would reflect the realities of its balance of payments position and the amount of its inflation. The crawling peg would also avoid sharp devaluations and revaluations. It would thus discourage currency speculation because the gains that...
...have become walls of a prison. There are only three ways out: by helicopter (at $120 per hour), on foot or by horseback. The eight-mile pack trip to the lip of the can yon takes three hours, but this is just the first leg. Havasupai in need of sup plies must travel 120 miles to Kingman, Ariz. From there merchants will ship goods back to the canyon at a 40% to 60% premium...
Leon Mann, a social psychologist at Harvard, and K. F. Taylor of the University of Melbourne, report in the Jour nal of Personality and Social Psychology that people in lines are possessed of a curious sixth sense that subconsciously spots the "critical point" when the sup ply of tickets will give out. Yet instead of giving up and going home, late comers succumb to an ersatz optimism and delude themselves into thinking that the line is shorter than it really...
...raising the prospect that predominantly white oldtimers might willingly relinquish jobs to black newcomers, the U.A.W. is neither so naive nor so self less as it might sound. Thanks to sup plemental unemployment benefits and the guaranteed annual income that Walter Reuther's union has won in recent years, veteran workers would hardly suf fer at all. A man with a year or more on the job would still draw nearly 95% of his weekly wage for 31 weeks. A man on the job for seven or more years could get similar benefits for a full year. Under ordinary...
Frelimo's military operations in Mo zambique reflected these difficulties. The tempo of combat has dropped in recent months, or so the Portuguese claim, but Frelimo's estimated 8,000 well-trained guerrillas (most of them Mozambicans trained in Tanzania and sup ported from that country) are tying down more than 40,000 Portuguese regulars. The major centers of Frelimo activity are in northern Mozambique, where the rebels fully control three districts: the area around Tete, on the Zambezi River in the northwest and on the Mueda plateau in the north...