Word: upwards
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...stagflation" of 1974 is rapidly becoming the crisis of the mid-1970s. The official unemployment rate has moved steadily upward from 5.4 per cent in August, to 5.8 per cent in September, to 6.0 per cent in October, to 6.5 per cent in November. The Ford administration claims unemployment will peak at 7 per cent, but that figure could be reached by the end of this month...
...with customers in Europe and the U.S. planning Draconian budgets for next year, exports too have begun to soften, sending unemployment upward and the economy lurching toward recession. In three key areas, West Germany is already hurting...
...marvels to behold. The spotlight found Nona on stage left with a black floor-length cape covering an enticingly sheer body-stocking with silver boots and silver plates, discreetly covering a minimal portion of her body. A huge white plume crowned her head. She and Sarah lifted their eyes upward as Patti Labelle appeared atop a 20-foot stairway in center stage, wearing a cape and train profusely ornamented with orange and black feathers, reiterating the program's theme and title of the group's latest LP recording with Epic, "Nightbirds...
...pillars and ersatz Old-North-Church steeple of Mem Church next door and the Pusey library burrowing underground. The steps of Horace Trumbauer's Widener dominate the quandrangle, but Sever holds its space without demanding reverence. Widener, it is assumed, will last forever--it appeals to the scholar's upward gaze beyond forever, while Sever controls its ground right...
...dollar's dive has contributed to another upward leap in gold. Free-market prices have been steadily climbing, partly because speculators are betting that Americans will invest heavily in bullion when it becomes legal to do so on Jan. 1, and the latest flurry of concern over the dollar has given added glitter to gold. Early last week the price on the London exchange hit a record $190.25 per oz.-up from $150 only two months ago-before settling down at week...