Word: traded
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Dates: during 1970-1979
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FRANCE. The good news is that the government is giving high priority to the tourist trade. The bad news is that 80% of all Frenchmen still insist on vacationing within France, most of them during July and August. Finding the unspoiled places is largely up to the individual. This means avoiding the Riviera and other trendy areas such as the Dordogne-Périgord, the summer festival towns like Aix-en-Provence, Avignon and Carcassonne...
Other problems becloud the generally bright landscape. The Hong Kong dollar has lately slipped 8% against the U.S. dollar because the colony suffered from a $1.8 billion trade deficit last year and is experiencing double-digit inflation, caused largely by an influx of foreign investment and a sharp rise in bank loans for Hong Kong's overheated real estate and property development market...
...ripe for abuse that it would probably get the sociologist laughed out of every writers' saloon in the nation. A pity. Gans has done a lot of thinking about an important group of professionals who, in his view, are too harassed by deadlines and other burdens of the trade to think as much as they might like...
...Finance Committee of oil millionaire Sen. Russell Long (D.-La.). Congress in 1975 decreed decontrol of domestic oil by 1981; if Carter had waited until 1981 for decontrol, the chances for a strong windfall profits tax would be nil. This year, Carter had the opportunity to engineer a trade--giving oil companies early-decontrol profits while passing a windfall profits tax that would over the next decade save consumers billions of dollars by recovering some of the excess profits. He has, for the most part, missed that opportunity. We now can only hope that most of his proposed tax plan...
Anita McClellan-- editor, trade division, Houghton Mifflin, Holmes Hall, North House...