Word: centrally
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Dates: during 1970-1979
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When news bulletins of the Cabinet shuffle reached Europe, the telephone on the desk of Treasury Under Secretary Anthony Solomon, who handles day-to-day defense of the dollar, began ringing incessantly. European central bankers and Finance Ministry officials demanded to know what was going on. Solomon could not provide inside information on what would happen next. Deprived of top-level advice, foreign money managers followed their instincts and bought some dollars to head off any major upset in the international exchange markets. The Federal Reserve Board also poured some $2 billion into the foreign exchanges to buy dollars...
...Robelo. "During all the negotiations we had with the junta, Ramírez came out as the strong man," says a U.S. diplomat. "He behaved in a tough manner and struck us as the kind of leftist liberal who has little sympathy for the U.S. and its policy in Central America...
William E. McKibben's article on the anti-nuke rally at Seabrook misses the central point of the gathering--education. McKibben states everyone there had already decided that they were anti-nuke, and they were just hearing things they already knew. Still, when I talked with people there, I ran into some who were participating in the anti-nuke movement for the first time, and had come simply to find out what it was all about. I was one of them...
...Kansas City, the Iranian-born owner of Global International, Farhad Azima, expressed dismay that his airline might have been bamboozled into gunrunning by the charter firm in Belgium In Beirut, sources familiar with P.L.O. operations told TIME that other planeloads of weapons had been successfully flown to Central America from Libya and Algeria. All the-cargoes were disguised as medical supplies...
...Virginia-Highland neighborhood of wood-frame bungalows have doubled from $30,000 in 1976 to $60,000. A one-bedroom condo in Boston's scruffy South End costs up to $60,000. Says Ann Wallace, 31, who was looking to buy in the supposedly inexpensive area of south-central Los Angeles: "What we figured would sell for $40,000 is selling for $60,000. What we figured would go for $60,000 sells...