Word: deficits
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...ahead with building plans; work on schools, roads, city halls, sewers and hospitals got going in time to cushion the worst of the recession. The Tory federal government of Prime Minister John Diefenbaker also pitched in with spending so heavy that the new budget of $5.3 billion shows a deficit of $640 million...
...Juscelino Kubitschek made José Maria Alkmim his Finance Minister 28 months ago, Brazil's economic position steadily slipped. The cruzeiro free rate dropped from 70 to 147 to the dollar. A 14 million-bag mountain of surplus coffee piled up, and so did the balance of payments deficit. The U.S. promised help -provided something was done about the fiscal chaos. Last week Kubitschek replaced Alkmim with Lucas Lopes, a brilliant engineer who masterminded Kubitschek's ambitious development plan...
...talks with President Eisenhower, Vice President Nixon, Secretary of State Dulles and their staffs, President Garcia sought $400 million in U.S. loans to be spread over the next three years to ease the Philippines' chronic trade deficit. "It was taken with a great deal of sympathy by the President," said Carlos Garcia, and at talks' end he got loans of up to $125 million, with an understanding that more might be available next year and the year after that if the $125 million is wisely spent...
...BUDGET DEFICITS will continue indefinitely. With deficit expected to reach $8 billion to $13 billion in fiscal 1959 (TIME, June 16), Budget Director Stans says: "I do not see any possibility of balancing the budget for several years...
IMPORTS FROM U.S. will be cut by France to curb nation's soaring trade deficit. Rather than reduce nonessential imports from her European neighbors, which threaten to retaliate against French products, France will slash essential imports of coal, oil, machinery from...