Word: upward
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Dates: during 1970-1979
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...July, which is an annual rate of 13.1%, and thus extended the present stretch of double-digit inflation to a full seven months. At the same time, the spending power of Americans has continued to decline. Mostly because of inflation, but also because taxes have been creeping upward, the actual buying power that people have been getting from the money in their paychecks has declined by nearly 4% over the past twelve months. So more and more, almost as a matter of survival, discretionary spending is being cut back...
...total of all the cutbacks would reach some 1 million bbl. daily. That is precisely the amount by which Saudi Arabia last month boosted its own production in an effort to stabilize prices. The reductions would give a renewed upward push to prices worldwide, notably on the all-important spot market. That is a loose telephone network of traders who buy and sell the small amounts of crude that are not locked up under long-term contracts...
...spot market will probably get a further upward nudge from a separate Nigerian action, the abrupt nationalization last week of British Petroleum's exploration, marketing and production operations. The Lagos government declared that it was punishing BP for supplying oil to South Africa in violation of a Nigerian boycott, a charge that the company denies. The takeover deprives BP of an estimated 300,000 bbl. per day, but the Nigerian government is offering to sell the crude to any taker on the spot market, presumably including...
...against women in large companies. Since then the firm has focused on affirmative action in general: recruiting and developing the talents of women, minorities, youth and the aged. "Companies have hired women and minorities in entry level jobs, and now it is a question of solving the upward mobility problems," says Sullivan. A Philadelphia native who lives in California, Sullivan spends three weeks out of four traveling. Although Boyle/Kirkman now has yearly revenues of more than $1 million and 45 clients, the majority of which are FORTUNE 500 companies, affirmative action is progressing slowly. Observes Sullivan: "This is not just...
Peter Quinn is a successful Washington lawyer who hates himself for the compromises made on the climb upward. Edgar Lannin is a cynical Boston-based newsman whose life revolves around alimony payments and self-inflicted assaults on his liver. Friends since their college days at Fordham, the conflicted personnel of George Higgins' newest novel do not really go any place between the book's first page and its last. But the two, who consume enough alcohol to drown W.C. Fields, manage to talk a good life. Their conversations, about sex and the lack of it, marriage, divorce...