1973 oil crisis - President Richard Nixon orders 90-day nationwide freeze on all wages, prices, salaries and rents
Time: Sunday Aug 15, 1971
Place: U.S.
Details: U.S. Government institutes Phase I price controls. Invoking the powers granted to the president by the Economic Stabilization Act of 1970, President Richard Nixon orders a 90-day nationwide freeze on all wages, prices, salaries, and rents.
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On This Day - 15 August
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Thursday Aug 15, 1118 - Constantinople, Byzantine Empire
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Saturday Aug 15, 1198 - Vatican City
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Friday Aug 15, 1502 - Spain
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Tuesday Aug 15, 1769 - Ajaccio, Corsica, Kingdom of France
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1971
Xanana Gusmão-Gusmão Completed His National Service
1971 - Timor-Leste
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1971 - Tokyo, Japan
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1971 - Finland
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1971 - Yugoslavia
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