Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...vacation flight to Rio de Janeiro. Still, the visitor was special -Susanne Albrecht, 26, Ponto's godchild and the daughter of a Hamburg lawyer who had been his boyhood friend. She was bearing a bouquet of red roses. So it was that the chairman of the Dresdener Bank, West Germany's second largest, stopped packing long enough to receive Albrecht at his 30-room villa in the wealthy Frankfurt suburb of Oberursel. With her through the iron gate came another young woman and a young man in a gray flannel suit...
Ever since 1973, Witteveen has been like a busy fireman, damping the flames of inflation here, assisting dying economies there, and acting at times as if he were the head of a supranational central bank. Earlier this year the IMF provided a $3.9 billion emergency loan to Britain, which was strapped at the time with an enormous balance of payments deficit...
...brand of discipline, when imposed, has helped to touch off riots in Cairo and intra-government disagreements in Peru. When the dictatorial Peruvian regime refused to impose IMF restrictions last month, both the head of the Central Bank and the Finance Minister resigned in protest. No doubt the IMF and the private banks will reach an accommodation with Peru, possibly by stretching out debt repayments...
...meeting, an Irish delegate, although warned not to contribute to a special fund, was impelled by Hibernian hubris to kick in a few million pounds when he heard the Arabs pledging huge sums. On his return to Dublin, the head of the Central Bank said to him gloomily, "My God, man, do you realize what you've done? Now the government will have to put another penny tax on a pint of stout...
...provide more assistance and on tougher terms to economically troubled countries. He believes that fund members will approve some new articles that will enable him to police currency exchange rates. Even more ambitiously, he would like to see the IMF in role of a, world central bank...