Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...weekend in Tehran. Though he was opposed to joining the talks now, the King spoke optimistically about bringing even the Syrians into the talks once the Israelis had agreed to the principle of withdrawal from the occupied territories. Ideally, the King would like to see the West Bank rejoined to his kingdom in the form of a federation of Palestinian and Jordanian states under his Hashemite crown. But since he does not want to arouse the ire of radical Arabs by seeming to covet the West Bank against the will of the Palestinians, Hussein proposes a plebiscite for the West...
...Vance, the Egyptians hope to persuade Begin's government to accept the principle of Palestinian self-determination by 1) offering an extended deadline toward achieving it-"Like maybe saying there could be self-determination after Begin dies," says one Egyptian, and 2) agreeing to demilitarization of the West Bank, thereby assuring Israel that its security will not be threatened...
...just that the bucket of dollars held abroad is full to the brim, and any additions cause it to overflow. So long as this trend prevails, no amount of central bank intervention can halt the monetary jitters that are shaking the system...
...during 1977 grew by about 7.4%, beyond Burns' target range of 4% to 6½%. That bothers conservatives, who want slower growth. But the board's efforts to throttle back have pushed up interest rates sharply. For example, the rate on "Fed funds"-overnight loans from one bank to another-rose two full percentage points during 1977, to 6.65%. Liberals like Presidential Economic Adviser Charles Schultze fear that any further rise will hurt the recovery by making business borrowing too expensive...
Thus Miller will shortly be overwhelmed by diametrically opposed advice. Conservatives like Beryl Sprinkel, executive vice president of Chicago's Harris Trust & Savings Bank, contend that the Federal Reserve should concentrate on moderating the growth of money supply and let interest rates go wherever the market takes them. Liberal economists like Arthur Okun of the Brookings Institution retort that the Fed should concentrate on holding down business borrowing costs and not worry so much about money-supply targets...