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.
January 11, 2015. Sarah Field. Jane Fonda took to the stage as a Golden Globes presenter just moments after her partner Richard Perry passed out at the event, according to a report by the Hollywood Reporter. THR reports that Perry passed out because of the heat of the lights where he and Fonda were sitting, at the front of the audience.