Word: costes
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Dates: during 1950-1959
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Reading the Signs. Despite the $1 billion which the U.S. has pumped into the Spanish economy since 1951, Spain, by a marvel of mismanagement, is in serious economic straits. In two years, the cost of living has jumped 40%, and prices are still rising. Spanish gold reserves are down to a skimpy $57 million; dollar reserves are virtually exhausted. And despite an official ban on the existence of any political party except Franco's decrepit Falange, Spain abounds in opposition groups. Well known to Franco's police, they range from a clutch of monarchist factions to syndicalists...
...anti-party group's plans, when the group openly raised the question of changing the leadership, I did not agree or support them." Such a qualified confession was not enough. Planning Chief Joseph Kuzmin got up to say that his predecessor had squandered such enormous sums on high-cost hydroelectric and chemical projects that Khrushchev himself had to interfere and set things right. Four days later, Pravda reported on a back page that appeals had been received against "decisions of expulsion from the party," suggesting that Khrushchev had earmarked his victims but had no current need of doing them...
...reduced to two. On the record, a single needle picks up separate impulses from each channel by moving both up and down and sideways in a single groove. The two signals from the needle must be played through two separate amplifiers and speakers. Despite the necessary additional equipment, the cost can be far lower than that of a genuine monophonic hi-fi rig, because stereo achieves impressive reproduction with relatively small speakers and low-wattage amplifiers. Hi-fi addicts with component-part rigs can convert to stereo by gradually adding units...
Businessmen would also like to see a more realistic depreciation policy. U.S. Steel estimates that between 1940 and 1956 the difference between depreciation allowances and the actual replacement cost of equipment was $904 million...
...venture will be non-profit--the pilots will even pay one fourth of the cost involved in renting and servicing a plane for the flight. Passengers will be expected to split the remaining three-fourths of the expenses...