Word: belt
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Dates: during 1970-1979
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...selling each other contracts to deliver goods months in the future at a fixed price-when the real market price may be higher, or lower. Nerve-racking enough, but the goods they are buying and selling are extremely volatile, their value subject to human whims, storms in the farm belt, or a boost in interest rates in Washington. Most of the trading takes place in traditional commodities, such as wheat and corn, but in recent years the Board of Trade has added futures in U.S. Treasury bonds and the enticing "Ginnie Maes" (as the Government's National Mortgage Association...
...private planes are serviced by his Houston-based firm. One of his customers is Zayed bin Sultan al-Nahyan of Abu Dhabi, president of the United Arab Emirates, who paid $10 million in 1974 for a Grumman Gulfstream II, equipped with royal blue morocco-leather seats and gold seat-belt buckles...
Elizabeth was more fortunate than most victims of such accidents. An off-duty ambulance volunteer, Vincent Cascio, who happened to be near by, ran over and used a belt as a tourniquet to stop the bleeding. Summoned by a radio cab, Police Sergeant Fred Muehling alertly retrieved the leg. Ambulance attendants carefully surrounded the severed limb with cold packs before rushing it and the girl to Smithtown General Hospital...
Ultimately, Cleveland faces the same long-term economic problems that all the major cities of the Northern industrial belt face--problems such as shrinking populations and higher energy costs. And Clevelanders are able to take some consolation from the fact that although confrontation politics and eccentric personalities may have conspired to make Cleveland the first major city to default since the Depression, it will probably not be the last...
...subjects scare and anger American farmers more than reports that carpetbagging foreigners are swallowing up U.S. agricultural land from Georgia to California. To hear many farmers and farm-belt politicians tell it, at least half the population of Europe and maybe a few million Arabs and Japanese are storming ashore, moneybags in hand, to buy every spare square inch of topsoil...