shortages, May 3, 1979 in Long Beach, California. (Photo by Getty Images/Bob Riha, Jr.) As the 50 th anniversary of the first major oil crisis approaches next month, it is important to understand ...
Between the first oil crisis of 1973 and the outbreak of the debt crisis in 1982, net private capital flows to emerging markets amounted to $165 billion, or about 1 percent of emerging markets' GDP ...
Carter’s main challenge domestically was the economy. He took office shortly after the first oil crisis and the infamous Watergate scandal. He tried to face the economic problems by maintaining a free ...
According to the article,gasoline sales have fallen just twice since 1950, in 1974 during the first oil crisis, and in 1984 due to record heat which curtailed leisure travel. While a 1.5% decrease ...
It has been 50 years since the Arab oil embargo and the ensuing crisis, which broke in October 1973. The initiating action was the embargo, but I recall that markets were tightening ahead of that ...
This diplomatic approach started exactly 50 years ago when Japan was hit by the first oil crisis. During the fourth Middle East war in 1973, Arab nations used oil as a political “weapon.” ...
In fiscal 1974, Japan’s economy contracted for the first time since the end of World War II, ending nearly two decades of rapid economic growth. The oil crisis also prompted the resource-scarce ...
Inflation in Germany hit 7.9 per cent in May, the highest level since the first oil crisis in 1973/74, according to preliminary figures published by the country's Federal Statistical Office ...
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