Word: cash
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Dates: during 1980-1989
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Although the hordes of college students bring lots of money into Ft. Lauderdale, the clink of the cash register is often accompanied by the crash of breaking glass...
...shine in the early, small-state races. It permits the best organized and the best financed to show their stuff in Olympian contests like Super Tuesday. And although one can argue that money and TV advertising distorted last week's results, the ability to raise a lot of cash in small amounts from a lot of people is a kind of plebiscite in itself, a test of a candidate's core support. In its very complexity, the system tests those who would be President in many ways, most of which are relevant to the qualities necessary to be an effective...
...grand juries last month, President Eric Arturo Delvalle sacked him as head of the 16,000-member Panama Defense Forces; the general simply turned around and had the National Assembly dump Delvalle, replacing him with Education Minister Manuel Solis Palma. Now Noriega faces a stiffer test: a rapidly worsening cash crunch that began two weeks ago, when the U.S. froze some $50 million in Panamanian funds in U.S. banks...
Signs of severe economic pain grew more evident last week. Fearing a run on deposits, Panama's 120 banks remained closed. Thousands of retirees, unable to cash their social-security checks, blocked traffic and angrily waved their pay slips in the air. The government cashed the checks the next day at special offices, after delivering the money in heavily guarded armored cars. But ordinary shoppers were out of luck because grocery stores refused to accept checks or credit cards. While Noriega appeared to pacify soldiers by meeting the military payroll, Panama's government workers faced a cashless payday this week...
WORLD: Facing a U. S.- engineered cash crunch, Noriega may be ready to deal...