Indexation Holds Prices Wages As Inflation Persists
In Argentina the cost of living index drives wages prices and taxes across the economy. The Altieri family faces soaring pesos while incomes rise with inflation, revealing how indexation keeps prices climbing. Argentina posts a world record inflation last year at 347.5 percent guiding expectations for 150 to 200 percent this year.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Carlos Altieri
Altiers
Palermo
Buenos Aitres
Marta
Altieri
Altiert
Albert
United States
America
Oil Firms Clash Over Alaska Pipeline Costs and Revenue
Oil companies contend building the Alaska pipeline cost ten times original estimates. Alaska and industry officials spar over how to split anticipated revenues when crude moves this summer along the 800 mile route.
MENTIONED IN THIS ARTICLE
Alaska
Edward K. Delong
Washington
UPI
Bridge to Prison and Alaska Oil Pipeline Fee Battle
A complex dispute before the Interstate Commerce Commission weighs pipeline transport fees for Alaska oil as a factor in state royalty revenue. Atlantic Richfield argues for 6.04 per barrel, Amerada Hess cites 6.44, while Alaska seeks to curb double counting and cost overruns amid shifting construction cost estimates for the Trans Alaska pipeline project led by ARCO, Hess, and an eight-company consortium.
MENTIONED IN THIS ARTICLE
Federal Energy Administration
Interstate Commerce Commission
Alaska
Atlantic Richfield
ICC
Daniel O'Neal
Alyeska Pipeline Service Co
Amerada Hess
William Conden
Arco and
Hess
Standard On Co
Ohio
Exxon Corp., British Petroleum Inc
Mobil On! Corp
Union On Co
Phillips Petroleum Co
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