Word: boomingly
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Flash. Faithfully as they had imitated Blue Monday's plunge, foreign exchanges shot up on the news of Wall Street's Tuesday rally. On the Frankfurt Exchange, Volkswagen shares abruptly jumped from $125 to $145-higher than before the price break. In London, the Evening News headlined BOOM AFTER GLOOM and the Financial Times index showed its biggest morning surge since the 1959 Tory election win-though prices sagged again by week's end. Most dramatic of all was the recovery of the Sydney Stock Exchange: slow to receive news of Blue Monday, Australian investors were just...
...Boom, by George Mandel. The strange story of an infantry company that longed compulsively for light in the darkness of combat...
Part of the reason for the European auto boom has been the reduction of tariffs and elimination of quotas among the Common Market nations. So far, each of the Six has cut its auto tariffs against other members by at least 40%. Last week West German Economics Minister Ludwig Erhard pushed through the Bundestag another 50% slash in his country's intra-Market car tariff. This was partly revenge for Erhard. He had tried a la Kennedy to stop German automakers from raising their prices; but they refused to withdraw their increases. So down went their tariff protection...
Helpful as the tariff cutting has been. Common Market economists agree that the chief reason for the auto boom is the buoyant psychological climate which the vision of a single market of 170 million customers has created in Western Europe. To prove their point, the Common Marketeers point to Britain, which as a nonmember still must hurdle the high tariffs that the Six impose on outsiders. Despite this, British automakers have doubled their sales to the Common Market in the past six months, now sell more cars there (9,000 a month) than...
...Boom, by George Mandel. The strange story of an infantry company that longed compulsively for light in the darkness of combat...