Word: borrowing
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Dates: during 1980-1989
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THAT U.S. INTERESTS are heavily at stake in the Third World is unquestionable. Currently, one out of every 20 jobs in America is related to exports to developing nations, and 40 percent of what we sell abroad we sell to the Third World. Many of these governments borrow heavily from the U.S., and a failure to make good on one of these loans could unravel our entire financial system...
...delay has already forced the city to borrow money until it can collect its spring tax bills...
Customers of Bank of America have reason to feel a bit perplexed these days. Giant companies can now borrow from the San Francisco-based lender at a prime rate of 10½%, down from a peak of 21½% at the end of 1980. But the little guy who may need a few thousand dollars for a spring vacation or a home computer is getting no such break from the biggest U.S. bank. He must pay 19% for an unsecured personal loan, off somewhat from last fall's high of 25% but still a towering rate. Similar chasms between...
...ways to borrow money, few are more expensive than running up a big bill on a credit card. In most areas of the U.S., the cards issued by banks, department stores and oil companies typically carry an annual Interest rate of 18% to 21% on unpaid balances. A few lenders at the high end of this range have now decided to give their customers a bit of relief. The Bank of New York, for example, said last week that starting May 1 the rate it charges Visa and MasterCard holders will drop from 19.8% to 18%. InterFirst Corp., a holding...
...this hellish place" beyond the black stump. Actually, they never leave Northern California, except to go to Hawaii, which is the network's idea of Queensland. You don't see many gum trees either, and Qantas didn't lend the filmmakers its koala, but they did borrow a kangaroo, and now and again the director, Daryl Duke, shoos it across the set for local color. It died of a heart attack during the shooting, they tell me. No wonder. I suppose with white cockatoos going for $2,000 apiece, after Baretta, they couldn't have...