Word: premiums
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Dates: during 1970-1979
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...original bill would have required premium pay for anyone required to work on the special holiday...
Oilmen also accuse Nigeria of unabashed price gouging. Though cartel members agreed in June not to tack surcharges on top of the maximum $23.50 per bbl. for their crude, Nigeria for weeks has been demanding a $5 per bbl. premium on as much as half of its exports...
...farmers remain among the poorest in Asia, a factor that Kriangsak recognizes as a serious threat to internal security. The most oppressive exploiter of the farmer is Bangkok itself, which by government decree keeps the rice price paid to the farmer well below world levels. The "rice premium" has been a favorite tool of Thailand's military rulers. By lowering the urban consumer's cost of living, the Premier has ensured political stability in Bangkok...
...March the Administration tried to improve the thrifts' earnings by dropping the quarter-point premium that they were required to pay on M.M.C.s. when the Treasury-bill rate was at 9% or above. But this backfired because the commercial banks then moved aggressively to compete for M.M.C. sales, cutting into savings-bank deposits...
...much more of such treatment the world economy can endure. Since last December, official, cartel-wide increases have pushed up the basic cost of mankind's most important energy resource by 14.5%, gravely inflaming global inflation. Worse, surging demand has enabled the OPEC nations to tack on one premium and surcharge after another, raising the actual price for most grades by as much as 30%, to $17 or more per bbl. Next week such cartel militants as Iran, Algeria and Libya will press for an additional jump of at least 40%. To make the extortionate price stick, Iran...