| 641. |
Washington Post, The (DC) - November 2, 1977
Schultze Asks For Support of U.S. Business |
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The Carter administration's top economist yesterday made a conciliatory bid for support to a New York business audience in a speech as notable for what he didn't say as what he did say.Stressing the need for "business-oriented tax reductions," Economic Council Chairman Charles L. Schultze said that one main Carter objective "is to provide a tax and regulatory climate that improves business profitability and encourages capital...
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| 642. |
Washington Post, The (DC) - January 9, 1977
Latin America: Expectations Are Lowered |
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For many of the developing countries of Latin America, 1978 was a year of lowered, or at least postponed, expectations.In Brazil, where the inflation rate has risen to 45 per cent, President Ernesto Geisel announced last month that public spending this year would be cut by at least $3.5 billion, much of it to come out of ambitious transportation and construction programs.In Mexico, where the value of the peso was cut in half in September after 22 years without a devaluation, economic... |
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| 643. |
Washington Post, The (DC) - August 14, 1977
Israeli troops shot and killed an armed Arab who |
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Israeli troops shot and killed an armed Arab who had been on Israel's wanted list in the occupied West Bank Friday night, the military command reported in Tel Aviv. ...
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| 644. |
Washington Post, The (DC) - August 7, 1977
After Gold: Swimmers With Contrasting Life-Styles |
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Mark Spitz, who earned an unprecedented seven gold medals in the 1973 Olympic Games in Munich, was vacationing in Hawaii recently - taking a breather after a yacht race. He was surrounded by the luxury made possible when he converted his Olympic gold into business contracts and endorsements worth $5 million.As Spitz basked in tropical splendour, John Naber was quite possible helping his mother carry grocieries from her station wagon to their house in suburban Mento Park, Calif. After...
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| 645. |
Washington Post, The (DC) - April 6, 1977
Renewal of Inflation Accounts For Latest Slide on Wall Street |
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A lack of visibility in the economic outlook, particularly with regard to inflation, and a lack of nerve on the part of professional investors are the two main reasons analysts give for the stock market's recent protracted slide.The reawakening of inflationary expectations has sent a decided chill through a stock market that still vividly remembers how stock prices were early cut in half during the 1973-74 inflationary surge.Professional money managers, who trade the...
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| 646. |
Washington Post, The (DC) - April 4, 1977
Fallen Oil Magnate Suffers Indonesian Silent Treatment |
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A year dismissed as director of Indonesia's state oil company for amassing a $10.6 billion debt and forcing the country to the brink of economic collapse, no legal action has been taken against him.An investigation into Ibnu's activities as head of Pertamina is said to be under way. But no one in Indonesia, it appears is in any particular hurry. To embarrass a man of Ibnu's stture, or former staure anyway, by causing him to lose face before the world, is...
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| 647. |
Washington Post, The (DC) - March 22, 1977
The global economy, unexpectedly resilient over t |
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The global economy, unexpectedly resilient over the past five years, should be able to maintain a moderate rate of recovery this year, Bank of America said in a report released today.However, long-term problems - including large debts in developing countries and the need for an energy policy - must be resolved if there is to be continued growth in 1978, the bank said. ...
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| 648. |
Washington Post, The (DC) - January 31, 1977
Coleman Joins IBM, Pepsico Boards |
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Former Secretary of Transportation William T. Coleman Jr. has had no trouble finding work since the Ford administration went out of office. He has recently been elected to the boards of directors of both International Business Machines and Pepsico, Inc.Coleman also joined the Woodrow Wilson International Center for Scholars at the Smithsonian Institution recently. He plans to stay at the center for 30 to 60 days, during which time he plans "some thinking and...
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| 649. |
Washington Post, The (DC) - January 17, 1977
WHA Racers Avoid Collapse |
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Players for the Indianapolis Racers, faced with the possible financial collapse of their club, agreed unanimously yesterday to accept salary deferments for the next three months, the team's coach and its president told the Associated Press.Coach Jacques Demers and president Harold Ducote would not disclose how much of the players' salaries would be withheld. Demers said "a small percentage."He said the players would be repaid in full at...
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| 650. |
Washington Post, The (DC) - January 13, 1977
High Court Curbs IRS on Enforcement |
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A unanimous Supreme Court ruled yesterday that Internal Revenue Service agents cannot enter a taxpayer's office without a search warrant merely because the taxpayer is a corporation rather than flesh-and-blood.Tax experts told a reporter the decision is significant because it is a relative rarity for the court to curb the powers of the agency in enforcing the tax laws.The experts said that the impact of the decision in the real world of collecting taxes from corporations...
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