Word: hike
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Improvements in security, building renovations, and higher wages will all contribute to a probable hike in tuition, room and board costs for the '78-'79 academic year, Harvard officials said yesterday...
Although Robert E. Kaufman '62, associate dean of the faculty, yesterday refused to estimate the size of the expected tuition hike, he told a meeting of the Committee on Harvard Undergraduate Life (CHUL) just before the winter recess that he estimates the increase in total costs will be 7 to 8 per cent...
...growing worldwide glut of oil. During recent months the world has been awash with excess production of some 2 million bbl. per day, and Western oil stocks are currently 25% above pre-1973 embargo levels. Producers like Libya and Algeria, even while arguing for an official price hike, have been shaving their market prices by 40¢ or more per barrel...
...slightest economic sense." Switzerland's Weltwoche magazine complains: "Using the dollar weapon, America is waging a real trade war, a war against its friends." If the slide continues, it could also spur OPEC, which receives the bulk of its revenues in dollars, to seek another price hike, if not at this week's meeting of oil ministers in Caracas, then perhaps next spring...
...strikers, who earn $121 a week after four years service, demanded a 20% pay hike that would, the union claims, boost their salaries to the current average wage for Britain's industrial workers plus a 10% bonus for hazardous duty. (New York City firemen with similar experience make $385 a week.) But to combat Britain's inflation rate, now 15.6% annually, Callaghan's Labor government has set a 10% ceiling on all union pay increases over the next year...