Inflation and recession clash in global economy analysis
A United Press International piece examines how inflation emerged from massive government spending and war debts, the oil shock, and import pressures. It notes that while recession paradoxically rose, inflation persisted, aided by policy missteps, wage and price controls, and global currency shifts.
MENTIONED IN THIS ARTICLE
Richard Hughes
United Press International
Sidney E. Rolfe
Irwin Kellner
America
United States
Europe
Japan
U.S
West Germany
Nixon
Federal Reserve
Ford heiress files for divorce in Manhattan court
Anne Ford Uzielli, 31, daughter of Henry Ford II, sues Giancarlo Uzielli, 40, in a Manhattan court after nine years of marriage. The suit notes no disclosed grounds while economists discuss inflation, policy, and productivity as drivers of price trends and recession dynamics.
MENTIONED IN THIS ARTICLE
New York
UPI
Anne Ford Uzielli
Henry Ford II
Manhattan
Giancarlo Uzielli
New England rate hikes may cost residents $500 million next year
A regional wave of proposed increases by utilities and insurers could add about $500 million to living costs in six New England states next year. Vermont faces $32 million in requests including a 65.5 percent rise from Green Mountain Power, while Connecticut awaits $47.7 million approved by the PUC. Massachusetts sees about $420 million in pending hikes with New England Telephone seeking $210 million more, and insurers forecasting 100 million in 1975 policies. New Hampshire, Rhode Island, and Maine also report sizable requests across electric gas and water firms, plus auto insurance changes. Public utilities commissions vary in stance, from near-total approvals in Maine to court battles in Connecticut and Massachusetts.
MENTIONED IN THIS ARTICLE
James R. Dorsey
United Press International
New England
New England Telephone Co
Massachusetts
Maine
Public Utilities Commission
Department of Public Utilities
Vermont
Green Mountain Power Corp
New England Telephone
Connecticut
State Public Utilities Commission
Ella Grasso
Southern New England Telephone Co
Maine Pac
Central Maine Power Co
PUC
DPA
Insurance Commission
Boston Edison
American Mutual Insurance Alliance
John G. Ryan
NEW Hampshire Electric, Gas and Water Companies
New Hampshire
PAC
Concord Electric
Exeter and Hampton Electric Co
Concord Gas Co
Hampton Waterworks
and Gas Services Inc
Nashua
Rhode Island
Narragansett Electric Co
Also Mentioned on This Page
Ford
Kellner
Germany
Weimar Republic
Adolph Hitler
Monument Plaza
Mmwr
Dela Lee Bennington ,Vt
St. Nick
Vermont National
Felett
Arrow
Berkshire Plaza
North Adams, Mass
Main St
Bennington
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