The Global Impact. Since June 2014, a substantial decline in oil prices has occurred, bringing prices of oil down to a five-year low. While the slump in oil prices benefits consumers by increasing their real income and reducing costs of production, it presents a big challenge to the oil-rich economies around the globe that are dependent on high prices of oil.
Jane Bowles: died in Mlaga, Spain, May 4, 1973, age 56. Tennessee Williams was in the New York office of Audrey Wood with Bill Barnes, his new literary agent, when he was shown a letter just received from Paul Bowles in Tangier informing that Jane Bowles had died on May 4, 1973 after a long illness in the Clinica de los Angeles in Mlaga, Spain.
Paul Bowles. Paul Frederic Bowles (/boÊlz/; December 30, 1910 â November 18, 1999) was an American expatriate composer, author, and translator. He became associated with Tangier, Morocco, where he settled in 1947 and lived for 52 years to the end of his life.