Word: impactions
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...McManus cabled that message to New York last week in the heat of reporting his part of the cover story on Charles de Gaulle's veto of Great Britain's application to the Common Market. For Correspondent McManus, 28. the week's events had a special impact...
...strikes that have halted newspapers in New York and Cleveland for two months have done far more than deprive 6,300,000 readers of their news. They have demonstrated as never before the impact on a city's economic structure that can follow the stemming of a flow of information and advertising that businessmen and their customers usually take for granted. The absence of the newspapers has created an artificial recession that has spread through many areas of economic life, from the big stores to the struggling entrepreneur who usually benefits from his satellite relation to the big advertisers...
...effect on Mexican retailing. Their price cutting has forced down the profit on most items sold in Mexico City stores some 12%, and even small stores around the city have learned that the way to draw business is to advertise themselves-truly or falsely -as discounters. The Arangos' impact is the more remarkable because the brothers, all college-educated in the U.S., were treated as outcasts by their own class when they opened their first store with a loan from their wealthy father, a textile tycoon and onetime store-chain owner himself. Mexico City's department stores banded...
Kennedy's proposals for tax reforms were largely aimed at prodding taxpayers to take standard deductions rather than itemize-thus simplifying the returns for both taxpayers and tax collectors. Perhaps the most important revision of all in its impact on middle income taxpayers is the recommendation that itemized deductions be allowed only to the extent that the total exceeds 5% of adjusted gross income. Example (a salaried taxpayer who takes in $20,000 a year, has two children, files a joint return), including the differences due to Kennedy's proposed rate reductions...
...impact of the strike was felt at the other end too. Puerto Rican industry, cut off from mainland suppliers, began to feel raw-materials shortages. The government of Pakistan waited impatiently for 100,000 tons of surplus U.S. wheat marooned in Gulf Coast ports. In West Germany 78,000 Volkswagen workers got an unwelcome two-day vacation from their assembly lines because the German auto company had 10,000 vehicles stranded in U.S. ports and another 5,300 waiting shipment on piers in Bremen and Hamburg...