Word: coverings
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Dates: during 1970-1979
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Directly beneath the altar, in the parking garage press room, at least ten people are making use of the hundred-odd typewriters laid out on row after row of tables. The press struggles to cover the event, their efforts hampered because the press area is in the bleachers of the papal ballfield. The radio and TV people fight to get their equipment working; photographers jockey for front-row seats, but with most of the press corps aboard the bus following the papal motorcade, the major topic of conversation among scribes stranded at the Common is why the ladies delegated...
...July 4, the Strelczyks and the Wetzels made their way under cover of darkness to a meadow 25 miles from the border. That first escape attempt aborted: the winds were wrong, the gas ran out, and they landed undetected, a few hundred yards short of the frontier. Last weekend they tried again. This time the craft lifted off with ease, picking up a breeze that wafted them toward the border. The balloon, which soared as high as 8,000 ft., began to lose altitude as it neared the border. A searchlight picked out the balloon for a terrifying moment...
...Says Economist Robert Triffin, an international monetary expert: "Central banks now hold on their books assets that are ten times as valuable as they were in 1969. They can theoretically use these assets." In effect, wealth can be created out of nothing: the gold can either be sold to cover trade deficits or borrowed against...
Much of the buying was done by speculators who had earlier bet that gold would fall, and now had to run to buy to cover their short positions. At the same time, two events added to doubts that Western policymakers would come to grips effectively with their common economic problems. In Paris the finance ministers and central bankers of the Big Five monetary powers-Germany, Japan, France, Britain and the U.S.-failed to end a potentially damaging interest rate war among them. And the International Monetary Fund issued a gloomy study predicting a worsening economic outlook...
Kissinger's arrival in Peking was set for July 9; the cover was a lengthy "information trip" through Asia beginning July 1 and taking him to Pakistan's capital, Islamabad, whence he slipped away by means of an elaborate ruse. Among other things, this involved a predawn drive to Chaklala Airport with Kissinger wearing sunglasses and a hat "to ensure that no stray pedestrian spotted me? an unlikely contingency at that hour in Islamabad, where my name was scarcely a household word." During his flight to Peking, Kissinger recalled how John Foster Dulles had refused to shake Chou...