Word: debt
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Dates: during 1950-1959
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...Adverse foreign trade in 1955 will total nearly $200 million, and with deficits of earlier years will force the total foreign trade debt to $757 million. Reserves of gold and dollars are barely $450 million, although at the end of the war they totaled $1.6 billion...
...government's internal debt, largely borrowings from social-security funds, stands at 70 billion pesos ($3.8 billion...
...Replied Joe: "If you do, I'll keep right on sucking my thumb." And so he did, until he was in the second grade and decided that he wanted more than anything on earth a Jersey cow that had been offered to his father as payment for a debt. When Joe pleaded to have the cow, his father said: "You can have her if you quit sucking your thumb. None of us must ever see you with your thumb in your mouth again." No one ever did-and "Old Jersey" was kept by Joe as a calf producer...
Zorlu is an ambitious, Paris-schooled diplomat who has risen swiftly to the posts of Deputy Premier and Acting Foreign Minister by his talent for improvising debt settlements, spouting statistics, and providing his boss with arguments to show that Turkey's economic situation is basically shipshape. Turkey's foreign-exchange deficits, Zorlu explains, are paltry little imbalances caused by the passing inconvenience of a couple of drought-shriveled harvests in a row. All the country needs is a "fund of maneuver," say $300 million, to see it through till the development program starts paying off around 1958. This...
...onetime banker, to hang onto the company cash instead of putting it to work to earn more cash. Westinghouse has a larger cash reserve ($344 million) than G.E ($307 million), which does twice as much business. While loaded with cash, Westinghouse has been borrowing for expansion, now has a debt of $325 million, G.E. has none...