Word: tourist
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Dates: during 1970-1979
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...possible. GUIDELINES. Arthur Okun, chairman of the CEA under President Johnson and a member of TIME'S Board of Economists, suggested limiting wage hikes to 5% and price increases to 2% following the freeze. The Cost of Living Council ruled that prices that fluctuate seasonally, like those of tourist hotel rooms and of automobiles during year-end sales, may change during the freeze-but price hikes may not exceed the seasonal increases during the same period...
...been as angry and insulated as Peking itself. Now, following China's lead, Albania is gradually looking outward. It has established trade and diplomatic relations with its long-estranged neighbors, Greece and Yugoslavia, and an expanding list of other West European nations. It is even building a few tourist hotels for those who want to view socialism in the raw. Most Americans are still barred, but TIME's Robert Kroon, traveling on a Dutch passport, recently visited the "land of the eagles," as the Albanians call it, and cabled this report...
...buoy up the price of the dollar if it fell below an undisclosed "base level," the Swiss franc merely wobbled fretfully anywhere from 1.2% to 2.8% above its normal dollar exchange rate. In Paris, where a complex two-tier system separates fixed-rate international trade and business dollars from tourist and capital investment dollars, the U.S. currency stayed within 3% of parity for free-floating transactions. In London, the pound reached only 3% above parity. With pressure on the yen relieved, however, Europeans grew concerned that their own currencies might become the new target of international speculation. As a precaution...
...retreat at Brégançon near Toulon. As for BB, St.Tropez citizens and officials have tacitly agreed not to disturb the two long high walls that jut perpendicularly out into the Mediterranean from her private haven. After all, it was Brigitte who made the resort a tremendous tourist attraction in the first place...
...eight Americans were greeted at Santo Domingo's Las Americas Airport by a smiling host who guided them effortlessly through customs and on to the posh El Embajador Hotel for cocktails and a sumptuous dinner. Next morning the visitors were shuttled to the country's thriving new tourist attraction: the Palace of Justice. By noontime they were divorced from their spouses back home. The cost: about $500 in legal expenses, plus air fare and the price of an overnight stay...