Word: attraction
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Dates: during 1960-1969
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...also had to arrange a multinational loan of $1.6 billion from its partners, thus creating a new $3 billion support package in order to prevent the total collapse of the pound. To back up its action, the government raised the interest rate from 61% to 8% in order to attract foreign deposits, ordered British banks to limit their loans to priority borrowers, issued restrictions on installment buying and credit and announced plans to cut $240 million from Britain's $5.3 billion defense budget. It ordered all banks and money markets in the country to keep their doors closed...
...Plans. Jordan's economy is in a state of suspended animation. Tourism is dead; without the Old City of Jerusalem and Bethlehem, Jordan is lucky to attract a dozen tourists a week. The loss of the West Bank deprived the nation of a quarter of its farmland, more than half its production of vegetables, olives and fruit, 30% of its wheat, 48% of its industry and nearly half of its 2.1 million people, including many of its wealthiest taxpayers. Unemployment, swelled by the flood of refugees, has soared to 35% and is still climbing; factories, unable to sell their...
...college organizers originally thought that they might attract about 20 students. By the time registration closed, 350 had signed up, ranging in age from 15 to 70, about one-third of them Negro. Neighborhood College teachers are impressed by the zeal and intelligence of their students. Historian Williams, who teaches the same course in Western civilization at the college that he gives at Cornell, finds that "the older housewives can write a literate essay-which is more than I can say for most Cornell freshmen...
Culver added that if the present draft system and war needs continue, the promise of deferments will probably attract applicants two or three years from...
...clergymen had acted to meet the problem. They hired Carmelo Iglesias, a Puerto Rican co-worker of Saul Alinsky in New Jersey, to organize the Spanish-speaking people of the South End, most of them Puerto Rican, into a force that could resist exploitation by slumlords and businessmen, attract federal help, and catch the wayward eye of City Hall...