Word: billion
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Dates: during 1950-1959
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...with farm programs costing the Federal Government $6 billion a year, and veterans' benefits $5 billion, plutonium production hardly seemed-especially in a week when the U.S. had to land troops in the Middle East-the best place for economizing...
...Nationalized Suez Canal Co., following the U.S. withdrawal of its offer to help build $1.3 billion Aswan dam ("Americans, may you choke on your fury"). Then his armies were badly beaten by the invading British, French and Israelis...
There were significant items on the brighter side. In food, Safeway Stores showed that consumers are going right on buying, with sales up 4% to almost $1 billion for 1958's first 24 weeks and a record profit of $14.9 million, up more than 7% over last year. In electronics, International Business Machines reported first-half sales in the U.S. of $564.6 million (up 19%) and earnings of $50.6 million (up 20%), both new records...
...increases its commitment (now $2.8 billion) to the fund, other nations with strong economic positions, such as Canada and West Germany, will also have to follow suit. West Germany still has the original fund quota of $330 million, which was fixed before the country's astonishing industrial recovery. With $5.5 billion in accumulated foreign exchange and gold reserves, Bonn could well afford to double its quota in the fund. Since the German mark is as sound as the dollar, an increase in the German quota would greatly reduce pressure on the fund's U.S. dollars. The U.S. also...
...first swing on a back-lot liana, Tarzan of the Apes ooo-eee-ooed the famed yodel, dropped from the treetops into his 32nd movie. Since the other 31 were all financial successes-a combined total gross of more than $500 million and a total audience of 2 billion people-the new Tarzan's Fight for Life showed the sort of promise most appreciated by Cinemogul Sy Weintraub, new head of Sol Lesser Productions, owner...